The General Assembly declares:
(1) Alternative fuels are vitally important to the Commonwealth because the alternative fuel may:
(a) Reduce pollution;
(b) Improve energy security; and (c) Support the Commonwealth's economy;
(2) Alternative fuels derived from resources within the Commonwealth, including:
(a) Ethanol derived from corn;
(b) Biodiesel derived from soybean oil;
(c) Waste streams;
(d) Renewable or zero emissions energy sources;
(e) Gaseous carbon-18 oxides; and (f) Alternative jet fuels generated by agricultural production facilities in the Commonwealth; reduce undesirable impacts to the environment and provide additional demand for those resources;
(3) Environmental benefits resulting from alternative fuels include:
(a) Reduced harmful emissions, including carbon dioxide, carbon monoxide, and sulfur; and (b) Improved air quality by reducing ozone-forming emissions;
(4) Alternative fuels may:
(a) Stimulate the economy;
(b) Create jobs across the Commonwealth;
(c) Diversify the Commonwealth's energy supply; and (d) Reduce dependence on imported fuels; through the development of a production network in the Commonwealth for consumers in the Commonwealth;
(5) There are various other benefits which may be achieved, including improved:
(a) Performance of vehicles that results in a reduction of operation costs for the citizens of the Commonwealth; and (b) Transportation systems, including the creation of a sustainable supply; and (6) Its commitment to:
(a) A full evaluation of the Commonwealth's jet fuel tax policy positions; and (b) Furthering research and development to build an alternative fuels policy that may be declared the best in the nation.