Michigan bill aims to create tax credit for sales of E15, E85
Summary
“This legislation will help accelerate Michigan’s biofuel production and ultimately provide cleaner and cheaper fuel that is locally grown and produced.” “The goal of this legislation is to create an incentive for gas stations to offer higher ethanol blends, which will help reduce emissions, benefit Michigan corn farmers, and offer drivers additional, more affordable options at the pump,” he continued. Gabe Corey, general manager of Carbon Green BioEnergy and industry representative on the Michigan Corn Growers Association Board, welcomed the introduction of the bill. Statewide adoption of E-15 and E-85 would slash carbon emissions, save families money at the pump and fuel Michigan’s economy for decades to come.” Growth Energy also applauded Daley’s bill. “Demand for cleaner, more affordable fuel options has never been more critical, and this legislation would ensure that biofuel blends like E15 and E85 are available to more Michigan motorists,” said Emily Skor, CEO of Growth Energy. “We welcome Senator Daley’s leadership on homegrown energy, and we look forward to working with Michigan leaders to ensure that our farmers and rural producers remain at the forefront of the nation’s climate battle.”