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Biofuels Industry Gathers for Annual Summit

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    ALTOONA, Iowa (AP) - The ethanol and biodiesel industries are taking center stage in Altoona at the eighth annual Iowa Renewable Fuels Summit, where experts will talk about the future of the industry and new innovations in the fuel and the engines that can burn it.

    The industry was dealt a blow by the Environmental Protection Agency when the government recently announced a proposed reduction in the amount of biofuels required to be blended into gasoline this year.

    Gov. Terry Branstad, who has led an effort to overturn the EPA's proposal, is scheduled to talk Tuesday morning about the importance of biofuels to Iowa's economy.

    Among other speakers, Chrysler official Reg Modlin will talk about engine technology and how it's influenced by the used of biofuels.