Priority Issues for Ethanol
CALL TO ACTION
The Illinois Corn Growers Association is in support of HB 1979, a state bill that redefines “gasohol” in Illinois statute. Right now, “gasohol” is defined as 10% ethanol and 90% gasoline, but with the allowable blend of ethanol moving to 15% per the USEPA, we need to update this definition. The Illinois definition of gasohol (10% ethanol/90% gasoline) was established in... Read More>>
Food AND Fuel
Corn, Ethanol, Food, and World Supplies Ethanol’s impact on the corn supply is almost universally overstated Those critical of the ethanol industry inaccurately proclaim that 40% of the corn supply goes to the U.S. ethanol industry Considering the fact that making ethanol doesn’t use the part of the corn kernel that’s good for livestock feed, the U.S. ethanol industry... Read More>>
BLEND WALL
The Blend Wall is the name the ethanol industry gives to the concept that, at some point, we run out of gallons of gasoline to blend 10 percent ethanol into. When we get to the point that every single gallon of gasoline contains 10 percent ethanol, the usage of ethanol remains constant until we increase the blend of ethanol to gasoline. This flat line of ethanol usage is the Blend... Read More>>
TAX POLICY
The current tax policy effecting ethanol is the Volumetric Ethanol Excise Tax Credit or VEETC, which is also called “the blender tax credit.” Under the program, a blender of 10% ethanol would receive 45 cents per blended gallon of ethanol. The incentive goes directly to the blender and not to the ethanol plant or the corn grower. Does Illinois Corn support tax credits for... Read More>>
RENEWABLE FUELS STANDARD
The Renewable Fuels Standard (RFS) was established in 2005 and revised in 2007 as part of the Energy Independence and Security Act of 2007. The RFS establishes certain requirements for the production and use of renewable fuels through 2022 with the goal of decreasing our dependence on imported oil while decreasing our greenhouse gas emissions. Note: RFS2 is the common abbreviation for the... Read More>>
FACT SHEETS
Market Access for Ethanol Corn-based Ethanol: An Advanced Biofuel Ethanol Tax Policy Ethanol and Food Prices, By the Numbers Perspectives on Corn, Ethanol & Food Prices Ethanol Costs Consumers Less