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Representative Finkenauer Introduces Bill to Incentivize Equipment Upgrades for Higher Biofuel Blends

 

Recently, Reps Finkenauer (D-IA), Craig (D-MN), Bacon (R-NE) and Marshall (R-KS) introduced a bipartisan bill that would provide grant funding toward the installation and conversion of fuel pump infrastructure to deliver higher blends of ethanol and biodiesel. The bill, known as the “Clean Fuels Deployment Act of 2020,” would authorize the Department of Transportation (DOT) to provide a $600 million grant over six years to biofuel retailers that would be aimed at incentivizing the deployment and upgrade of fueling infrastructure for ethanol and biodiesel, with a focus on ethanol blends greater than 10 percent (E10) and biodiesel blends greater than 20 percent (B20). Furthermore, the legislation seeks to expand the area where higher ethanol blends can be sold and is intended to also provide support for the biodiesel, bioheat and aviation fuel markets.

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