Iowa Farm Bureau president Craig Lang says the Iowa Power Fund legislation signed into law by Governor Chet Culver on May 23 is "a groundbreaking $100 million commitment to expand Iowa's renewable energy industry." He and other Farm Bureau officials applauded the major commitment to renewable energy the state received from the legislature and the governor this year.
Goals of the fund are to boost renewable energy through research and development and to implement practices and technologies that reduce our nation's dependence on foreign oil.
Bill will benefit Iowa agriculture
"By signing the Iowa Power Fund into law, it is clear Iowa will continue to be recognized as a national leader in biorenewable energy," says Lang. "We have 27 ethanol plants, nine soy biodiesel plants and enough wind turbines to power Des Moines and Ames for a year. But we need to do more to expand the renewable energy industry and to encourage livestock farmers who are crucial to the profitability of this new industry."
For example, the fund will provide money for research to help improve the use of the co-products of ethanol and biodiesel production, such as distillers grains.
"That's why we are extremely pleased that one of the key components in the Iowa Power Fund legislation is to further the research and development to help crop and livestock agriculture remain a viable part in the new bioeconomy," says Lang. "Farm Bureau members see the signing of the Power Fund by the governor last week as a step in the right direction for the state of Iowa."
IFBF's commitment to the expansion and awareness of renewable energy is the motivation behind Farm Bureau's new 'Join the Ride Iowa' campaign, which was launched last week with the assistance of Governor Culver. For more information on 'Join the Ride Iowa', go to www.jointherideiowa.com.