Minnesota Gov. Mark Dayton, Iowa Gov. Terry Branstad
We are governors from neighboring states and different political parties. We don't agree on everything, but we stand united in our belief that our nation needs a robust Renewable Fuel Standard (RFS) and together in our opposition to the Environmental Protection Agency's proposal to weaken the RFS.
Since Congress enacted the RFS in 2005 by huge bipartisan margins, it has provided the secure policy foundation that rural America needs to continue investments in renewable fuels. Those investments yield excellent returns. They diversify our nation's energy portfolio, clean the air, grow opportunities for businesses, create good paying jobs in rural America, add value to farm products, and give consumers lower-cost choices at the pump.
Big Oil dislikes renewable fuels, and has used its clout in Washington D.C. and at state capitals to thwart their progress. When Minnesota became the first state to require all gasoline sold to contain at least 10 percent ethanol (E10), Big Oil predicted fearsome disasters. They warned that ethanol would clog cars' carburetors and explode their engines, disrupt supply lines causing gasoline shortages, and increase the price at the pump for consumers. None of that happened.
The petroleum industry also claimed that the RFS causes higher fuel prices. In fact, the opposite has proven true. On February 4, 2014, regular gasoline in Cresco, Iowa, a town about 15 minutes from the Iowa-Minnesota border, was selling for $3.44 per gallon. E10 was selling at $3.13 per gallon. E85 fuel, which is 85 percent ethanol, was selling for $2.60 per gallon at the same station - 84 cents per gallon cheaper than regular gasoline.
A recent study at Iowa State University found that, "Feasible increases in the ethanol mandate in 2014 will cause a small decline in the price of E10. Our results should reassure those in Congress and the Administration who are worried that following the RFS commitment to expanding the use of renewable fuels will result in sharply higher fuel prices for consumers."
The Environmental Protection Agency previously estimated that by 2022, renewable fuels would replace 13.6 billion gallons of gasoline and diesel consumption and save motorists nearly $12 billion each year. The EPA also predicted that this displacement of gasoline and diesel would reduce annual greenhouse gas emissions by 138 million metric tons, equivalent to removing 27 million vehicles from our nation's highways. Ethanol can increase competition and save consumers money, provide real choice at the pump, and drive innovations and efficiencies that are good for the economy.
$986 Million Bonding Bill Invests in Needed Infrastructure Improvements across Minnesota
ST. PAUL, MN – Governor Mark Dayton today introduced a bonding proposal that would invest $986 million in infrastructure projects statewide, creating more than 27,000 Minnesota jobs1. This new jobs bill would help addresses many of the state’s critical infrastructure needs, while strengthening Minnesota’s economy and getting people back to work.
“My proposals will put thousands of Minnesotans to work throughout our state,” said Governor Dayton. “This bill gives priority to projects that are ready to go. Many of them have been delayed for years and are crucial to revitalizing downtown business centers, modernizing MnSCU and U of M buildings and classrooms, and improving parks, roads, and local infrastructure.”
Regional Civic Centers and Downtown Improvements
The Governor’s bonding proposal invests over $104 million in downtown areas and regional centers statewide – projects that will create jobs, attract additional private investment, and support economic development in communities across Minnesota. Some of those downtown investments include:
Photo content: Flickr User Doug Kerr; US Highway 10 – Minnesota
Minnesotans depend on their roads, bridges, and highways every day. Minnesota businesses also require access to good roads as they move goods and services to market. Recently, Governor Dayton and the Minnesota Department of Transportation announced that ten highway construction projects will receive funding through the state’s new $300 million Corridors of Commerce program. These new projects will reduce travel times and improve safety for Minnesota citizens and help businesses transport their products more efficiently.