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BIO Testimony Regarding Hawaii SB 717: “AN ACT TO REPEAL THE REQUIREMENT THAT GASOLINE FOR MOTOR VEHICLES IN THE STATE INCLUDE 10% ETHANOL”

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Chairman Lee, Vice Chairman Lowen, and Members of the Committee, the Biotechnology Industry Organization (&ldquo;BIO&rdquo;) appreciates this opportunity to provide comments on SB 717, legislation repealing the requirement that gasoline for motor vehicles in the state include 10% ethanol. This proposal is of significant concern to BIO and its members in the State of Hawaii and throughout the country.</p>
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Chairman Lee, Vice Chairman Lowen, and Members of the Committee, the Biotechnology Industry Organization (“BIO”) appreciates this opportunity to provide comments on SB 717, legislation repealing the requirement that gasoline for motor vehicles in the state include 10% ethanol. This proposal is of significant concern to BIO and its members in the State of Hawaii and throughout the country.

BIO is the world’s largest biotechnology organization with more than 1,000 member companies worldwide. BIO represents leading technology companies in the production of conventional and advanced biofuels, renewable chemicals, biobased products and other sustainable solutions to energy and climate challenges. BIO also represents the leading developers of new crop technologies for food, feed, fiber, and fuel.

BIO opposes SB 717 because of the impact such legislation would have on research, development and commercialization of advanced and cellulosic biofuels and other innovative products of industrial biotechnology in Hawaii and throughout the country, and on the price of gasoline for Hawaii consumers. It needlessly restricts consumer choice; risks exposing Hawaii residents to higher gas prices and increased emissions of greenhouse gases (GHGs) and other pollutants; and puts at risk Hawaii’s future job growth in biotechnology.

Read Here BIO's Testimony to Hawaii SB 117 in its Entirety