Iowa Gov. Terry Branstad, Rep. Steve King, and state Secretary of Agriculture Bill Northey will lead a group of industry executives Friday in an event aimed at defending the current levels of ethanol and biodiesel in the nation's fuel supply.
The Environmental Protection Agency proposes to reduce by almost three billion gallons the amounts of biofuels blended into gasoline in 2014 than the law requires. The oil industry lobbied hard for the reduction. Biofuel supporters threaten to sue the government over the proposal.
Branstad will gather with others at an ethanol plant in Nevada, Iowa to defend current policy. He says the reduction negatively impacts thousands of jobs in Iowa, the leading ethanol producer and top grower of corn, which is used to make about 95 percent of the nation's ethanol.
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