Ag News
NCGA Calls on Congress to Make Stronger Biofuels Commitment, Not Back Away
Published Wednesday, May 07, 2008 at 04:57 AM
National Corn Growers Association CEO Rick Tolman testified before the House Energy Subcommittee on Energy and Air Quality Tuesday. He noted that easing the Renewable Fuels Standard – as two dozen Republican Senators are requesting – would actually send fuel prices higher - resulting in even higher food prices. Despite the finger-pointing and disinformation campaign against ethanol – Tolman said the RFS approved by Congress in December has been critical to growth and economic development in rural America. He said the energy bill was sound policy that encouraged a diversification of renewable resources – further reducing the nation’s dependence on foreign sources of oil.

Tolman admits you can’t say grain prices and ethanol aren’t having any impact on food prices – but he says the impact is minimal – and notes other factors – like drought in Australia and the declining U.S. dollar – are also having an affect. But the greatest factor – he points out – is the price of oil. He told members of Congress to stay the course and argued that instead of backing away from the RFS – the country should actually make a stronger commitment to biofuels.


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