Iowa Biofuels Standard
In February 2021, Iowa Governor Kim Reynolds introduced a bill to set a minimum standard of biofuels in the Iowa fuel supply. The amended legislation calls for fuel specifications that will increase demand of higher biofuel blends such as B11 (11 percent biodiesel) and E15.
Most on-road Iowa diesel would contain at least B11 during April - October, beginning in April of 2022. A tax credit of 4 cents-per-gallon, for on and off-road fuel, would be in place November – March. A 6 cpg tax credit for B20 would remain in place year-round for on and off-road fuel.
By reforming existing biofuel tax credits, this legislation would redirect significant sources of revenue into needed infrastructure.
"We fully embrace the governor’s call to set Iowa on the path towards using more biodiesel, and at higher blend levels. Setting a standard for widespread use of higher blends of biodiesel in Iowa would be positive for Iowa’s economy, environment and rural communities – and would improve the quality of the fuel supply overall."
- Grant Kimberley, Iowa Biodiesel Board executive director
LINKS:
Frequently Asked Questions – Iowa Biofuels Standard
Dept. of Energy: Biodiesel Performance FAQs from Handling & Use Guide
Statement of support from Iowa Biodiesel Board and Iowa Soybean Association
Economic Impacts of Iowa Biofuel Standard (ABF Economics)
Economic Impacts of Biofuels (ABF Economics)
Listen to Rep. Lee Hein on WHO Radio, April 2021
“We see a seismic shift in the nation’s energy supply already in motion, and the approach to encourage additional production and use of biofuels to reduce carbon while improving the economy is tried and true. As the nation’s top biodiesel producer, Iowa should stay in the forefront of these forward-thinking changes.”
- Grant Kimberley, Iowa Biodiesel Board executive director
VIDEOS: Farmer Dave Walton on how after 100 years of petroleum, our fuel supply is evolving, and why he supports the Biofuels Standard