Some powerful industries have begun battling over Gov. Kim Reynolds proposal to set a renewable fuel standard in Iowa, a move that would require retailers to offer motor fuel with higher levels of ethanol and biodiesel.
A new group called the Fuel Choice Coalition, which includes Iowa-based convenience store giants Casey s and Kum & Go, along with trucking and transportation businesses, is slamming the governor s bill. The group says the legislation would reduce consumer choice, raise prices for Iowa motorists and cost retailers at least $1 billion to upgrade their pumps, tanks and other infrastructure to meet the mandate.
On the other side are the Iowa Renewable Fuels Association, Farm Bureau Federation, Iowa Corn Growers Association and the Iowa Soybean Association. They are releasing a study, given in advance to the Des Moines Register, that says the mandate would create 3,500 jobs in Iowa and add nearly $550 million in household income from 2022-2026.
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The governors of Iowa and Minnesota are moving along parallel tracks to push for higher blend requirements in their respective states for ethanol and biodiesel blends.
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