Emissions
The Next Generation Fuels Act—originally introduced to the House in 2021—was unveiled in the Senate on Tuesday. If passed, manufacturers will have to release vehicles with higher blend capabilities by 2026.
“Capping carbon dioxide emissions at a level that will force a nationwide transition away from the use of coal to generate electricity may be a sensible solution to the crisis of the day,” says Chief Justice Roberts.
2,600 pumps in 31 states now offer ethanol blends. Jon Doggett, NCGA CEO, says year-round E15 will incentivize buyers and retailers to map a clear path to more E15 pumps, saving $12.2 billion in annual fuel costs.
For the upcoming 2023 farm bill, expect chatter and debate about carbon markets, conservation, trade and more. Policy watchers encourage farmers to keep an eye on these issues, as discussions begin in January.
“This is the perfect time to launch a truly renewable, electric powered tractor, which is repowered with solar energy,” says Mani Iyer.
The Biden Administration’s $2 trillion infrastructure proposal includes several provisions directly impacting corn growers and rural communities.
One industry expert says large retailers are cashing in on RINs, and consumers should see benefits at the pumps as a result.