How can ethanol fit into lofty 2050 emissions goals?

Source: By Iowa Agribusiness Radio Network • Posted: Thursday, November 19, 2020

What if agriculture held the key to unlocking the answers to this conundrum? One group says that we do.

Iowa is the leader in Ethanol production in the United States. It is a heavy contributor to our economy in this state. After dismal years of markets, loss of production, and COVID-based dips in demand, the industry really reeled when more companies signed on to go to electric fleets over the next thirty years. Each plan varies as much as the individual company. However, with a loss in demand of petroleum-based fuels, the demand for the fuel product we grow in our fields would take another hit. Ethanol has been the largest support pillar in the grain markets for several years now. It is keeping our domestic demand high, while we see more countries importing ethanol from the U.S. or wanting our corn to produce their own.

Where does Ethanol fit into an electric future?

Renewable Fuels Association President & CEO Geoff Cooper is optimistic that clean-burning ethanol can still play a huge part in the green future that many companies are seeking to achieve. Cooper says that ethanol is that golden ticket to solving the problem of using cleaner-burning fuels to generate electricity.

|