AMI Urges Congress to Reject Expansion of Federal Support for EthanolTuesday, October 19, 2010
(American Meat Institute)
AMI joined a diverse coalition of industry associations in urging Congressional leaders to oppose fiscally irresponsible proposals that would significantly expand federal support for corn ethanol at the expense of truly sustainable advanced biofuels, the environment, consumer food prices and taxpayer dollars.
“Last week, corn ethanol organizations proposed to extend existing corn ethanol subsidies, extend trade barriers, create new corn ethanol subsidies, increase the federal corn ethanol mandate from 15 to 21 billion gallons and to ignore sound science. If enacted, this proposal would cost taxpayers $6 billion next year alone, divert more than half of the U.S. corn supply from food and feed to fuel, increasing food prices and eliminate critical environmental protections included in the 2007 Energy Independence and Security Act,” wrote the organizations in a letter to House Majority Leader Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid (D-NV), House Minority Leader John Boehner (R-OH) and Senate Minority Leader Mitch McConnell (R-KY).
“We urge the Administration and Congress to reject this fiscally irresponsible proposal and to instead support fiscally responsible policies which promote sustainable, fungible fuels that do not pit our energy security needs against the needs of consumers and the environment,” the letter concludes.
To view the letter,