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Growth Energy says Fueling Freedom Plan mischaracterized
Growth Energy CEO Tom Buis says Thursday’s Editorial titled Energy Subsidies, Good and Bad in the New York Times misrepresents the company’s proposal to open the U.S. transportation fuels market and fails to acknowledge the technological advancements that have made ethanol production cleaner and more efficient. Buis says the editorial doesn’t correctly signify Growth Energy’s Fueling Freedom Plan - which would redirect the current blender’s tax credit to support the build-out of the distribution infrastructure to give Americans a true choice of fuels at the pump.Buis states the editorial mistakenly claims demand for ethanol will plow under more grasslands or forests. He says U.S. farmers produced a record corn crop on seven-million fewer acres last year than the previous record year - proving farm efficiencies and technology are helping produce even greater yields from fewer acres. Buis says the New York Times opinion fails to reflect the facts about modern American agriculture, its productivity and advancements in technology.
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