Peterson announces $8 million for Minnesota biofuels program

Oct 29, 2015 Issues: Congressional Issues, Energy

WASHINGTON – Congressman Collin C. Peterson announced that Minnesota has been awarded $8 million for the U.S. Department of Agriculture’s Biofuels Infrastructure Partnership (BIP) program. The funds will be used to expand access to biofuel blender pumps across the state.

"Minnesota is well-positioned to expand market access for biofuels benefiting farmers, consumers, and our state’s economy," Peterson said. "We know from experience in our state that consumers will choose to use more biofuels when given an opportunity. This investment in the Minnesota program to install blender pumps will improve biofuel availability to consumers statewide and also send a strong market signal to fuel retailers about the economic potential of installing blender pumps."

The State of Minnesota currently operates a successful public-private partnership which has significantly increased opportunities for consumers to use higher blends of ethanol. The State’s application for additional resources will expand this operational program. The combination of a strong existing program, significant stakeholder interest, and increased local cash and in-kind commitments makes Minnesota uniquely positioned to provide a roadmap for other states to overcome the blend wall.