May 11, 2006- Kaptur Praises Democratic Comprehensive Renewable Energy Plan
"American agriculture is the key to improving America's energy security through ethanol, biodiesel, and other renewable fuels, while creating new markets here at home, and reducing our Nation's dependence on foreign oil," said Kaptur. "This legislation will bring real investments in alternative fuels that can provide us with opportunities for producer income as well as energy independence."
The plan provides federal investment in basic biofuels research to make ethanol production more efficient, develop new feedstock processes and foster new vehicle efficient technologies. In addition, the legislation provides federal incentives to encourage diverse ownership so that independent, locally-owned facilities can compete with large oil companies.
"Our region has the ability to produce clean and renewable energy from agricultural commodities, from byproducts from agricultural processing, and from waste. There are many cheaper, more creative solutions than the destructive energy policies the Administration has been pursuing," said Kaptur.
Significantly increasing the usage of biofuels in the U.S. is one of the most obvious ways to achieve the goal of energy independence. High-ethanol fuel offers a cheaper, homegrown alternative to record-high gasoline. The highest commercially available blend in common use today is a blend of 85 percent ethanol, and 15 percent gasoline, known as E-85.
Kaptur said that the effort builds on her legislation, the Biofuels Energy Independence Act (HR 388) that would also have set up additional authority for financing renewable fuel development, production and distribution, as well as a farmer-owned grain fuels reserve. She has also proposed higher renewable fuel standards than those adopted in last year's energy bill. She had called for 10% ethanol and 5% biodiesel by 2010.