While President Trump pulled the plug on the prior Administration’s EV mandate, tax credits for electric vehicles are still in play.
The ethanol industry says that will allow for more competition, but could also open the door for more hybrid technology.
“The tax credit being eliminated would have an impact on hybrid technology. But I think at the end of the day, I think, eventually, consumers and the manufacturers hopefully get to the point where hybrid technology is the winner,” said Renewable Fuels Association’s Troy Bredenkamp.
Bredenkamp says more hybrids could equal more ethanol sales, giving consumers the best of both worlds.
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Sen. Moran joins us to discuss the farm aid package and the financial reality faced by row crop farmers in his home state of Kansas.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
The new rule removes prevented-plant buy-up coverage, prompting strong objections from farm groups concerned about added risk exposure.
