Agricultural News
Growth Energy Cheers Missouri Biofuel Incentives Signed into Law
Wed, 05 Oct 2022 13:59:17 CDT
Today, Growth Energy applauded Governor Mike Parson and the Missouri Legislature for passing and signing into law legislation in Missouri aimed at boosting rural economic opportunity, including tax incentives of up to five cents per gallon for retailers offering higher biofuel blends, like E15.
“The savings available on E15 surged to nearly a dollar per gallon in some areas this summer, and this important legislation will help more Missouri retailers make those lower-carbon, lower-cost options available to drivers across the state,” said Growth Energy CEO Emily Skor. “We’re very thankful to Governor Parson and members of the legislature for working tirelessly to get this bill over the finish line. These targeted incentives will open up a wealth of new economic opportunities for farmers, biofuel producers, and rural families, while boosting Missouri’s leadership on clean, domestic energy.”
Growth Energy members in Missouri include ICM, Inc., POET Biorefining – Laddonia, POET Biorefining – Macon, and the Missouri Corn Growers Association.
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