The next generation of biofuel production didn't take the hit industry leaders predicted with the delay of a federal mandate requiring ethanol and biodiesel to be blended into the nation's fuel supply, U.S. Agriculture Secretary Tom Vilsack told The Des Moines Register's editorial board Monday.
"I'm not sure that it has been a significant hindrance on investment," Vilsack told the board. "I'm not saying there hasn't been some" impact "but it hasn't been significant."
The ag secretary said he's optimistic about the future of renewable fuels, pointing to record U.S. ethanol production last year, developing export, military and aviation markets, and strong interest in building advanced biofuel plants.
Read more: http://www.desmoinesregister.com/story/money/agriculture/2015/01/19/vilsack-fields-questions-rfs-water-quality/22024599/