By Farms.com
The Environmental Protection Agency's (EPA) recent vehicle emissions standards have sparked a wave of concern among the agricultural community, particularly affecting corn growers in the Midwest. The standards, favoring a transition to battery electric vehicles (EVs), overlook the significant contributions of corn-based ethanol to reducing greenhouse gas emissions and supporting rural economies.
The IL Corn Growers Association highlighted the dire consequences of the EPA’s decision, pointing out the potential for a 50% drop in corn prices and a $100 billion decrease in the value of Midwestern farmland. This dramatic shift threatens not only the livelihoods of farmers but also the nation’s food security.
Corn-based ethanol, a cleaner alternative to petroleum fuel, offers a 40-45% reduction in greenhouse gas emissions. It represents a critical opportunity for the U.S. to achieve its environmental goals while bolstering the agricultural sector. Despite these advantages, the EPA’s new standards seem to disregard the potential of ethanol and the preferences of American consumers, opting instead for a narrow focus on electrification.