FARM BUREAU HAILS SENATE PASSAGE OF ENERGY BILL
WASHINGTON, D.C. -- The American Farm Bureau Federation commends the 86 senators who stood up for expanding the production and use of fuels made from renewable energy sources by approving the energy bill Thursday night.
AFBF supported passage of this comprehensive legislation because it promotes energy independence and security while encouraging rural development.
"We're pleased the energy bill passed by the Senate includes a strong renewable fuels standard of 36 billion gallons by 2022," AFBF President Bob Stallman said. "American farmers and ranchers have the opportunity to play a significant role in the energy solutions of the future, including the production of renewable energy sources such as ethanol.
"We urge the House to expedite passage of this latest version of the energy bill next week, and we hope the president will sign the final version into law as soon as possible," Stallman said. "This legislation moves our nation forward on the path toward energy independence."
The bill approved by the Senate by an 86-8 margin requires the use of 36 billion gallons of ethanol and other renewable fuels by 2022, a nearly six-fold increase over today's use of these fuels. Of this total, 21 billion gallons ultimately would have to come from --advanced" biofuels, such as cellulosic ethanol, that have 50 percent to 60 percent lower greenhouse gas emissions.
The Senate approved the energy bill during its second try of the day and its third attempt of the week. A sufficient number of Republicans supported the measure after Democratic leaders agreed to strip the bill of language that would have required large oil and gas companies to pay nearly $13 billion in additional taxes.