A bill that’s been introduced into the US Senate would incentive automakers to build more flex fuel vehicles, which could increase demand for biofuels.
Troy Bredenkamp, senior vice president of government and public affairs with the Renewable Fuels Association says the legislation would level the playing field against electric vehicles. “Having the flex fuel vehicles out there that can utilize higher blends, will lead to higher blend demand, that will lead to higher ethanol demand, that will lead to more corn being utilized for ethanol and that will be better for the corn farmer.”
The Flex Fuel Fairness Acct, cosponsored by Pete Ricketts (R-NE) and Amy Klobuchar (D—MN), would provide auto manufacturers incentives to produce Flex Fuel vehicles and electric vehicles.
