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The current legislative session in Minnesota has been filled with policy and finance bills. For instance, 1,824 bills have already been introduced in the Minnesota House of Representatives. In the Senate, 1,572 bills have been introduced. But among the more than 3,000 bills are two which can unlock and unleash the full energy security, economic, environmental and consumer benefits of renewable ethanol made in Minnesota.
The key to unlocking all this potential is currently in the hands of legislators and embodied in House File 1257 and Senate File 1277, which aim to increase access to E15 in Minnesota.
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The ethanol industry continued to boost Minnesota's economy in 2016, contributing $1.98 billion to the state's gross domestic product (GDP).
A new study released by ABF Economics, which was commissioned by the Minnesota Bio-Fuels Association, said Minnesota's ethanol industry produced 1.18 billion gallons of ethanol last year.
This in turn generated $6.67 billion in gross sales for Minnesota businesses and supported nearly 18,000 jobs in 2016.
ABF Economics said Minnesota's ethanol industry generated nearly $1.5 billion in household income and paid $80 million to state and local taxes in 2016. Read More
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Sen. Amy Klobuchar reiterated her support for the Renewable Fuel Standard (RFS) and Minnesota's ethanol industry during visits to Al-Corn Clean Fuel and Guardian Energy on Feb 10.
The visits were part of her two-day 10-county rural economy tour in Minnesota during which she also discussed her priorities for the 2018 Farm Bill.
At both plants, according to reports, she spoke of the importance of the RFS to rural economies in Minnesota. Read More
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