Recently, the USEPA has published a rule that would “accelerate the ongoing transition to clean vehicles future and tackle the climate crisis.” The proposed rule would curve CO2 emissions by requiring 67 percent of new car sales and 47 percent of new pickups to be electric vehicles by 2032.
Rob Elliott, a local farmer with the Illinois Corn Marketing Board, said that this mandate would move away from liquid fuel in a big way, hurting the ethanol industry.
“That would lower gasoline use by about 32 billion gallons and by doing so, that would lower our ethanol use and the corresponding corn that’s used to make it by about a billion bushels'” said Elliott. “It takes about three bushels of corn to make a gallon of ethanol. If we were to lose one billion bushels of corn demand nine years from now- you can only imagine the huge impact that would have on price.”
You can submit a comment on the rule by visiting Ilcorn.org. Comments need to be submitted by July 5th.
