DES MOINES – Today, the Environmental Protection Agency (EPA) released their proposed Renewable Fuel Standard (RFS) renewable volume obligations (RVOs) for 2018 at 15 billion gallons of conventional ethanol, meeting the levels Congress prescribed in 2007, along with setting the 2019 RVOs for biodiesel at 2.1 billion gallons.
In response to the announcement, Senator Joni Ernst (R) of Iowa said “The RFS is critical to supporting our agricultural and rural economy, reducing our dependence on foreign oil, and providing consumers with choices at the pump. While I am pleased the new administration has set the proposed volume requirements for conventional ethanol for 2018 at congressionally approved levels, I am disappointed that the 2019 biodiesel number was held constant, and would like to see it more accurately reflect current domestic usage and production capacity.
“Iowa leads the nation in the production of ethanol and biodiesel, and maintaining a strong RFS aligned with congressional intent is important to our state and country. The RFS has proven to be a major driver of alternative fuels and economic development, and I will continue to protect and promote it in the Senate.”
Gov. Kim Reynolds also issued a statement on the new renewable fuel volumes released from the Environmental Protection Agency Wednesday:
“I commend the Trump administration for its commitment to keeping the Renewable Fuel Standard at the level set by Congress. I am also pleased the Environmental Protection Agency is bringing predictability and stability to the renewable fuels industry.
“I am disappointed biodiesel levels are not higher, but Iowa will continue working with the administration to increase marketplace opportunities for biodiesel.
“I am grateful this administration works for and with our state rather than against it.”
TIF is not free money -it’s a FUNDing mechanism ? Samo Samo – Wall street bailout now at 4.5 trillion -will top out at over 14 trillion – gov. said it would be 700 billion? Who’s lying here ? PS professor – where did the FUND come from ? – Answer is property owners .
What you’re not understanding is tax increment financing is funded by the increase in value an improvement creates (yes, it relies on the good faith of a government organization to issue the TIF bond, but it is not re-paid by tax payors).
I don’t know how many different ways I can explain this to you. TIF on your property assessment is not additional tax. What part of this statement do you not understand? Help me help you…
If you think TIF is so dreamy google -TIF Iowa – you will see how quickly a good plan turns into a tool of the rich to fleece Iowa taxpayers.
T I F is a tax (look at your assessment) Supervisors are just lobbyists put in their position as county supervisors when actually they work for big business and special interest groups and fleece the taxpayers in to giving these same corporate interests our hard earned money so go blow yourself – as Trump says – Drain the swamp – not all corruption is in DC.
T I F is taxpayer friendly to large corporations and special interests groups. I don’t care to pay someone elses taxes for 10 years along with free cash awards – After 10 years that corporation has to start paying taxes and is any of my payments (17 % of my tax bill ever returned to me? NOPE ! Supervisors just spend more and nothing changes except the rape of T I F on taxpayers to give to big business.
TIF is not additional tax as you erroneously think it is. Your not entitled to a ‘repayment’ because you didn’t pay anything extra because of the TIF.
BTW. Are you the same dullard that tried to tell people that public schools pay property tax?!?!
Taxpayer funded – T I F or how get free taxpayer money for you large corporation – can’t afford anymore T I F GIFTS. Government consumption beyond the private sectors capacity !
TIF is not free money. It is a funding mechanism that leverages the increase in value an improvement creates. It’s one of the most tax payor friendly forms of incentives that progressive communities can utilize.
F-ing the farmers – would that be the 5 billion plus they recieve in subsidies every year – Man I guess i need more sex like them.
F’ ing the farmers to Make America Great