EQUIPMENT MANUFACTURERS APPLAUD PRESIDENT TRUMP’S PLAN TO UPHOLD THE RFS
The Association of Equipment Manufacturers (AEM) issued the following statement on the announcement of President Trump’s plan to uphold the integrity of the Renewable Fuel Standard (RFS) by ensuring biofuel blending targets are truly met each year.
“Equipment manufacturers and farmers have worked in lockstep to defend the integrity of the Renewable Fuel Standard, and today President Trump demonstrated his commitment to manufacturing and farming communities across the country,” said Dennis Slater, president of AEM. “The President’s plan restores the credibility to the RFS consistent with congressional intent and demonstrates his commitment to pursuing pro-biofuel policies.”
“Reallocating the ethanol gallons lost through small refinery wavers will directly benefit the 1.3 million hardworking men and women of our industry. We are grateful that the President recognizes the importance of the RFS to farmers, equipment manufacturers and the entire agriculture community, and look forward to working with him and our supporters in Congress to continue to bolster the agriculture economy.”
AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the United States supports 1.3 million jobs and contributes roughly $159 billion to the economy every year.