Crowley and Bono Mack "Get It" When it Comes to Biofuels

Finally someone in Congress gets it when it comes to biofuels.  Congressman Crowley and Congresswoman Bono Mack are to be applauded for stepping up to the plate and showing true leadership.  Led by Reps Crowley and Bono Mack, a bipartisan coalition of members introduced a bill this week to redirect subsidies for gasoline refiners who use corn ethanol to the producers of second and third generation biofuels made from waste.  The Affordable Food and Fuel for America Act (H.R. 3187) will phase out a $5 billion-a-year subsidy for gasoline refiners who blend corn ethanol into gasoline, eliminate a tariff on imported biofuels, and increase funding for the cellulosic biofuel production tax credit.

GMA president and CEO Pam Bailey: "GMA strongly supports the production of sustainable biofuels.  I applaud Congressman Crowley and Congresswoman Bono Mack, along with their fellow cosponsors, for crafting this good, bipartisan, sensible and responsible piece of legislation.  By gradually shifting subsidies away from conventional biofuels toward second and third generation biofuels, the Affordable Food and Fuels for America Act will help accelerate the development of advanced fuels that simultaneously help to address our food, energy and climate security needs."

After investing nearly $30 billion in conventional biofuels, America is the world's largest supplier of conventional biofuels.  Now is the time to gradually reduce longstanding subsidies and trade protections.

To learn more about the Affordable Food and Fuels for America Act click here.