NECEDAH, Wis. – U.S. Senator Tammy Baldwin visited Marquis Energy in Necedah today to discuss the renewable fuel standard and the recently passed Inflation Reduction Act, which includes provisions that will boost ethanol demand in Wisconsin and around the globe.
“Wisconsin’s farmers and producers put food on our tables and fuel in our tanks. I was proud to vote for the Inflation Reduction Act to support our producers who are moving our Made in Wisconsin economy forward with home grown energy,” said Senator Baldwin. “I’ve been a proud advocate for Wisconsin’s strong biofuels industry and will continue my work to provide certainty for our farmers and our Made In Wisconsin renewable fuels economy, so we can maintain and create more good paying jobs in small towns and rural communities like Necedah.”
“Marquis Energy – Wisconsin was honored to host Senator Baldwin today to share more about ethanol’s important role for rural economies. Thoughtful climate policies, like the Inflation Reduction Act, will help drive further innovation and incentivize the industry to continue to decarbonize, reducing global greenhouse gas emissions,” said Dustin Marquis, Director of Government Relations & Employee Outreach at Marquis Energy. “Marquis Energy appreciates the Senator’s continued advocacy for biofuels, for agriculture, and for Wisconsin.”
“Ethanol offers a positive energy balance. The amount of energy used to produce ethanol has decreased including the amount used by our Wisconsin corn growers to actually grow the corn,” said James Giese, Director at Wisconsin Corn Growers Association from Alma Center. “Marquis Energy along with the seven other ethanol plants in Wisconsin, give our local farmers a way to contribute to a sustainable future.”
Senator Baldwin supported The Inflation Reduction Act, which was signed into law today. The law provides a once-in-a-generation investment in a suite of renewable energy options, including biofuels. The legislation extends tax incentives for the biofuels industry which increases the demand for ethanol and reduces energy costs for Americans for years to come. The bill also invests $500 million in building out our biofuels infrastructure so retailers and consumers can get greater access at the pump.
Earlier this year, Senator Baldwin co-sponsored the bipartisan Defend the Blend Act, legislation to prohibit the Environmental Protection Agency (EPA) from reducing the minimum applicable volume of biofuels that must be blended into transportation fuel once those levels, known as Renewable Volume Obligations (RVOs), are finalized for any given year. This legislation would ensure corn growers and ethanol producers, like Marquis, have marketplace certainty for their product.
Ethanol production in Wisconsin generates $4.2 billion in economic activity, impacting 19,000 jobs, with $982 million in wages according to the Wisconsin Corn Growers. The Marquis Energy plant in Necedah has a 106 million gallons-per-year capacity output.