On the recordJuly 19, 2023
We don't need to provide more subsidies to support this climate smart agriculture practice and production of aviation biofuel feedstocks. It actually makes your food more expensive because we are burning your fuel in an aircraft instead of pumping it out of the ground where the fuel has come from and has worked very, very well. There are up to $3 billion in DOE loan guarantees. I want to win the race, too, but the Federal Government picking winners and losers ensures that we probably will lose the race because we are going to pick the wrong one, as the Federal Government normally does. Once again, this is an absurd policy. If it were viable at all, the private sector would invest in it. Mr. Chairman, I urge adoption of my amendment, and I yield back the balance of my time.
