US Senators introduce bill to replace Russian oil with US biofuels.
U.S. Senators Joni Ernst (R-IA) and Amy Klobuchar (D-MN) introduced the Home Front Energy Independence Act that would ban Russian oil and replace it with the use of biofuels produced in the United States.
This bill combines parts of past bills that would make ethanol 15 (E15) available year-round, establish an E15 and Biodiesel Tax Credit, direct the U.S. Environmental Protection Agency (EPA) to finalize the E15 labeling rule, and provide biofuel infrastructure and compatibility with retailers:
- Biofuel Infrastructure and Agricultural Product Market Expansion Act of 2021;
- Consumer and Fuel Retailer Choice Act;
- Low Carbon Biofuel Credit Act; and
- Biodiesel Tax Credit Extension Act of 2021.
Several Senators co-sponsored the bill, including Tammy Baldwin (D-WI), Tammy Duckworth (D-IL), Deb Fischer (R-NE), Chuck Grassley (R-IA), and Roger Marshall (R-KS0.
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Senator Klobuchar stated that this bill will help to hold Vladmir Putin accountable for Russia’s invasion of Ukraine, while also investing in affordable, readily available biofuels produce in the United States.
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U.S. Senators Introduce Bill To Replace Russian Oil With U.S. Biofuels, April 18, 2022
