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Bennett, Tate [/0=EXCHANGELABS/OU=EXCHANGE ADMINISTRATIVE GROUP (FYDIBOHF23SPDLT)/CN=RECIPIENTS/CN=1FA92542F7CA4D01973B18B2F11B9141-BENNETT, EL] 7/7/2017 8:45:25 PM Groen, Stephanie [stephanie.groen@iowa.gov] Re: Biodiesel
Thanks!
On Jul 7, 2017, at 3:58 PM, Groen, Stephanie <stephanie.groen@iowa.gov> wrote:
Hey Tate! I wanted to circle back with more information regarding biofuels following the Governor's conversation with Administrator Pruitt last week. We really are so appreciative of how generous you and the Administrator were with your time. The Governor thoroughly enjoyed the meeting.
In regards to the biodiesel industry, the U.S. can meet production demand, and has substantial room for growth.
A national industry that is only running at about 65 percent capacity, has ample feedstock supply, and is helping fill growing diesel demand can help President Trump reaffirm his commitment to growing the supply of American-made fuels.
The RFS is one of the most successful bipartisan energy policies ever created to facilitate job growth and the diversification of our nation's energy supply.
While the biodiesel industry has raised concerns with tax credits provided to imported product where unfair dumping and subsidies that have allowed imports to already receive advantages over the domestic industry, this does not impact the ability of the industry to meet higher volumes.
The National Biodiesel Board Fair Trade Coalition filed a trade complaint against unfairly dumped and subsidized imported biodiesel from Argentina and Indonesia. These are important trade remedies to bring U.S. producers back on a level playing field with imports.
Let me know if you have any questions!
Stephanie
Stephanie Groen | Director of State-Federal Relations
Office of the Governor, State of Iowa
Gov. Kim Reynolds and Lt. Gov. Adam Gregg
202.624.5479 ! stephame.groen@io\va.gov
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