Source: Growth Energy news release
WASHINGTON, D.C.–Growth Energy, the nation’s leading biofuel trade association, praised Governor Kim Reynolds (R-Iowa) for her veto of legislation imposing onerous new regulations on carbon capture investments. The bill, House File 639, would make it nearly impossible to build new carbon storage and transport infrastructure in Iowa, ultimately denying ethanol producers and their farm partners access to new energy markets.
“We’re deeply grateful to Governor Reynolds for having the conviction to stand up for rural jobs and preserve opportunities for future generations of Iowa farmers,” said Growth Energy CEO Emily Skor. “Carbon capture allows farmers and producers to accelerate investment in U.S. energy innovation and tap into growing markets around the world. These projects add value to every bushel of corn and provide a vital lifeline to our farmers in uncertain times.
“We look forward to working with our elected leaders to find a balanced policy solution that allows our industry to remain competitive and protects the billions of additional dollars these projects could deliver for farmers in Iowa and across the heartland.”
ABOUT GROWTH ENERGY
Growth Energy is the leading voice of America’s biofuel industry. Our members operate and support biomanufacturing facilities at the heart of America’s bioeconomy, delivering a new generation of clean fuel options. For more information, visit us at GrowthEnergy.org, follow us on X (formerly Twitter) at @GrowthEnergy, or connect with us on Facebook.