ACE responds to presidential candidate Pawlenty’s comments on ethanol incentives

The American Coalition for Ethanol (ACE) today responded to press reports of Republican presidential candidate Tim Pawlenty’s comments on ethanol incentives.

ACE Executive Vice President Brian Jennings says Pawlenty’s stance on ethanol mirrors the thoughts of many ethanol supporters.

“The U.S. ethanol industry has been working proactively with the White House and both Senate and Congressional leaders on reforming the ethanol tax incentive by reducing its cost and emphasizing consumer fuel choice. We challenge the oil industry to follow our lead.”

“Hopefully these comments by Governor Pawlenty will serve as a signal to Big Oil that the days of defending and denying the tax incentives they receive are long gone,” Jennings said.” We appreciate Governor Pawlenty’s position that there are no sacred programs and that all energy subsidies, particularly oil tax subsidies, need to be changed, because the U.S. can no longer afford them.”

Pawlenty, the former two-term Governor of Minnesota, declared his candidacy for the Republican nomination for President this morning in Iowa.

Source: American Coalition for Ethanal