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Electric Vehicles

According to the federal government, nearly 90% of light-duty vehicle sales in the fourth quarter of 2021 were for vehicles with internal combustion engines. In other words, the overwhelming number of consumers today continue to choose traditional vehicles as opposed to electric, hybrid, or plug in hybrid options. Also, almost all gasoline-fueled vehicles on the road today can use ethanol blends (E10, E15, or E85). Furthermore, unlike EVs, the infrastructure for ethanol fuels already exists throughout the country.

With the fleet of existing internal combustion engines on the road, consumers continuing to choose internal combustion engines today and the coming years, it is important that we embrace ways to provide these tens of millions of Americans with access to cleaner fuel options. Summit Carbon Solutions’ carbon capture, transportation, and storage project will put the ethanol produced at its partner facilities on track to be a net zero fuel source by the end of the decade. That shift will provide these ethanol producers access to the growing low carbon fuel markets here in the U.S. and internationally, while meeting that critical need for delivering more low carbon fuel to consumers.