Missouri May Reap Benefits of Renewable Fuel Standard
legislation passed by the U.S. Senate last week promises to create vast new markets for Missouri's ethanol and biodiesel by 2012.
U.S. Sen. Kit Bond, R-Missouri, spoke about the "renewable fuel standard," which could pass as part of a larger energy bill -- the Energy Policy Act of 2003 -- at the Missouri Farm Bureau headquarters on Wednesday.
He called it "great news for Missouri farmers and our entire rural economy" and said it will "help boost our nation's energy independence."
The legislation calls for MTBE -- an oxygenate used in about 85 percent of reformulated gasoline to reduce smog and improve air quality -- to be phased out in four years.
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