Nine potential presidential candidates appeared at Iowa’s first-ever Agricultural Summit to talk policy with influential GOP donor Bruce Rastetter on Saturday. Among the topics were immigration, common core, wind energy, and the Renewable Fuel Standard (RFS),
Ben Jacobs (@bencjacobs) reports for The Guardian:
“The goal of the summit, with or without the on-stage interviews with their mega-donor in waiting, was to push presidential hopefuls to pledge fealty to the Renewable Fuel Standard (RFS), which requires all gasoline sold in the United States to contain 10% renewable fuels. The RFS, which Republican congressman Steve King went so far as to call it “the Holy Grail”, provides a key price support for corn and ensures that farmers can make a profit on every bushel they sell. The result of the standard is that 40% of the US corn crop gets turned into ethanol.”
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