News

Endgame impossible to predict as House GOP delays pipeline-payroll tax vote until today

Source: Elana Schor • E&E • Posted: Tuesday, December 20th, 2011

After delaying a vote that has exposed internal GOP schisms, House Republicans are poised today to turn back a bipartisan Senate proposal to force a quick White House ruling on the Keystone XL oil pipeline while extending a payroll tax cut.

Kansas City firm to re-open Mead ethanol plant

Source: ART HOVEY • Lincoln Journal Star • Posted: Monday, December 19th, 2011

Spectrum Business Ventures of Kansas City aims to bring a closed ethanol plant near Mead out of mothball status in the next few months. The former E3 Biofuels plant attracted widespread attention in 2006 as the previous management tried to pull together a project they described as a closed-loop system.

Extension of Tax Cut Stalls in House as G.O.P. Objects

Source: JENNIFER STEINHAUER • New York Times • Posted: Monday, December 19th, 2011

The House Republican leader on Sunday flatly rejected a short-term, bipartisan Senate measure to extend a payroll tax break and unemployment insurance, setting the stage for a bitter year-end Congressional collision and the potential loss of benefits for millions of Americans.

Baucus promises quick action on tax extenders next year

Source: Katie Howell • E&E • Posted: Monday, December 19th, 2011

The Senate’s chief tax writer vowed to pursue extensions for clean energy tax credits in January after the incentives were left out of year-end tax language the Senate cleared this weekend.

Ethanol Futures Hit One-Year Low as Subsidy Nears Expiration

Source: Mario Parker • Bloomberg • Posted: Friday, December 16th, 2011

Ethanol futures fell to the lowest level in a year as corn dropped and the expiration of a government subsidy approached.

Spending deal switches off light bulb standards

Source: Katie Howell and Elana Schor • E&E • Posted: Friday, December 16th, 2011

Lawmakers in both chambers signed off on the omnibus spending deal that would fund U.S. EPA, the Energy Department, the Interior Department and other agencies for the rest of fiscal 2012. The deal paves the way for votes in both chambers today, a move that would narrowly avoid a government shutdown when current funding expires at midnight. The 1,200-page conference agreement released just before midnight last night appears nearly identical to language House Republicans released as a stand-alone bill early yesterday morning, including the same steep cuts for EPA and the rider on lighting efficiency standards.

Congress Takes Up a Partisan Battle, Again, Over Spending

Source: JENNIFER STEINHAUER • New York Times • Posted: Thursday, December 15th, 2011

Their poll numbers sinking, their constituents badly bruised by economic hardship and with millions of American workers about to get a sudden and unexpected tax increase, what are members of Congress discussing?

Biofuel, wind executives seek tax credit extensions

Source: PUNEET KOLLIPARA, WASHINGTON BUREAU • Houston Chronicle • Posted: Thursday, December 15th, 2011

The biodiesel sector has relied heavily on a $1-per-gallon blenders’ tax credit, set to expire in at year-end, said Paul Soanes, CEO of Houston-based Renewable Biofuels, whose Port Neches plant is the nation’s largest biodiesel-producing facility

Shutdown looms as White House objects to omnibus despite lack of big-ticket riders

Source: Elana Schor • E&E • Posted: Thursday, December 15th, 2011

Washington is gearing up today for yet another white-knuckle ride toward a potential government shutdown after the White House warned that the 2012 spending deal could “undercut environmental protections” and instead urged passage of a stopgap plan to keep agencies open past tomorrow’s expiration of federal funds.

Wind, biodiesel subsidies promoted

Source: Phil Brasher • Posted: Wednesday, December 14th, 2011

WASHINGTON — With subsidies for corn ethanol set to disappear at the end of the month, the rest of the renewable-energy industry is lobbying lawmakers to keep government incentives going. The $1-a-gallon tax credit that undergirds the production of biodiesel also is due to expire Dec. 31, while tax incentives that support wind power and […]