The Iowa Legislature last week voted to continue funding for the state’s programme that supports investment in new pumps and equipment to offer higher ethanol and biodiesel blends.
The Iowa Renewable Fuels Infrastructure Program (RFIP) provides cost-share grants to Iowa retailers who want to upgrade fueling infrastructure to sell E15, E85 or biodiesel blends.
The state’s legislature approved USD 3 million (EUR 2.8m) in funding for the programme for the year through June 30, 2018. Welcoming the move, the Iowa Renewable Fuels Association (IRFA) said that since the beginning of fiscal year 2017, the programme has awarded USD 4.4 million in state grants to 92 projects.
“Ongoing funding would open up the market even more for access at the pump to cleaner burning fuels made right here in Iowa,” commented IRFA policy director Grant Menke.
The bill will now be considered by Iowa governor Terry Branstad.
Provided by SeeNews exclusively for Essentica.
Iowa approves funding for blender pump programme