News

Groups Ask Court to Restore RFS Gallons

Source: By Todd Neeley, DTN Staff Reporter • Posted: Tuesday, November 24th, 2020

A coalition of agriculture and biofuel groups is asking a federal appeals court to order the EPA to restore 500 million gallons of ethanol to the Renewable Fuel Standard. In 2017, the U.S. Court of Appeals for the District of Columbia Circuit ruled the EPA had illegally waived the gallons from the 2016 Renewable Fuel Standard renewable volume obligations and required the agency to restore them, which the EPA has not yet done.

Should Ethanol Go Back To Business As Usual After COVID-19?

Source: By Christina Stella, Iowa Radio • Posted: Monday, November 23rd, 2020

At the start of the coronavirus pandemic, ethanol producers feared the worst: a world indefinitely stuck at home. As Americans hunkered down for lockdowns, gasoline demand across the country plummeted. Ethanol industry leaders issued warnings that the financial repercussions of widespread lockdowns could be significant to plants across the country. They later reported half of the nation’s facilities were forced to shut down. Most ethanol plants have since reopened, and losses so far are lower than initially feared. But the sector’s slow recovery has some questioning if it’s in the U.S. ethanol industry’s best interest to continue making as much fuel as before the pandemic.

Biofuels to boost clean fuel standard Biden

Source: BY KELSEY TAMBORRINO, Politico • Posted: Monday, November 23rd, 2020

Some of the largest biofuels companies plan to ask Biden to impose a nationwide standard to reduce carbon emissions from transport fuels, Reuters reports, citing five sources familiar with the matter . The push reflects the industry’s “increasing concern about the future as Biden prepares measures to slash emissions that could upend traditional energy markets, and as the federal regulation that has underpinned growth in the biofuel market for more than a decade — the Renewable Fuel Standard — nears expiry in its current form.

With COVID dragging down gasoline demand, refineries look to biofuels

Source: By James Osborne, Houston Chroncile • Posted: Monday, November 23rd, 2020

Refiners like Phillips 66 are turning to biofuels and the valuable government credits that come with them to prop up sagging revenues as a surge in the coronavirus cases drives renewed government restrictions and lower demand for gasoline and diesel. Since COVID-19 took hold in the spring, refining companies have announced new biofuel plants and refinery conversions at a steady pace, with close to 20 projects in the planning stages, according to analysis by S&P Global Platts.

GM Stops Backing Trump Administration in Emissions Fight With California

Source: By Mike Colias, Wall Street Journal • Posted: Monday, November 23rd, 2020

General Motors Co. will no longer back the Trump administration in its legal battle to strip California’s authority to set its own fuel-efficiency regulations, saying GM’s goals for green cars are aligned with the state and the new Biden administration. On Monday, GM said it has withdrawn from that lawsuit and encouraged other auto makers to follow, saying it sees a route to compromise on tailpipe-emission rules. “We are confident that the Biden Administration, California, and the U.S. auto industry, which supports 10.3 million jobs, can collaboratively find the pathway that will deliver an all-electric future,” reads a letter GM released from Chief Executive Mary Barra to the environmental groups that brought the suit.

G.M. Drops Its Support for Trump Climate Rollbacks and Aligns With Biden

Source: By Coral Davenport, New York Times • Posted: Monday, November 23rd, 2020

General Motors abandoned President Trump’s battle to nullify California’s fuel economy rules meant to curb global warming, the strongest sign yet that corporate America is moving on from Mr. Trump and adapting to an incoming Democratic administration. The company also signaled that it was ready to work with President-elect Joseph R. Biden Jr., who has promised swift action to reduce climate-warming emissions in the auto sector. “President-elect Biden recently said, ‘I believe that we can own the 21st century car market again by moving to electric vehicles.’ We at General Motors couldn’t agree more,” Mary Barra, the General Motors chief executive, wrote in a letter Monday to leaders of some of the nation’s largest environmental groups.

Congress Considers A Variety Of Programs To Incentivize Carbon Capture Projects

Source: By Jim Magill, Forbes • Posted: Sunday, November 22nd, 2020

As industry leaders and policy makers increasingly confront the challenges of battling climate change triggered by an excess amount of carbon dioxide (CO₂) and other greenhouse gases in the atmosphere, they are increasingly turning to an old idea whose time seems to have come – removing emitted CO₂ from the air and storing it where it can’t do any damage, or turning it to some useful purpose.

GM Ups Bet on EVs as Investors Swoon for Electric Cars

Source: By Mike Colias, Wall Street Journal • Posted: Sunday, November 22nd, 2020

General Motors Co.  is raising its bet on electric cars by more than a third, as it hustles to convince a skeptical Wall Street that it too can be successful in the nascent market. The nation’s biggest auto maker by sales said Thursday it would spend $27 billion through 2025 to develop electric and driverless vehicles. That is up from a $20 billion figure that GM pegged in March, days before the Covid-19 pandemic forced the industry to shut its North American factories and touched off an industrywide cash crisis.

Study: Corn exports a major driver of Minnesota’s economy

Source: By Minnesota Corn Growers Association • Posted: Sunday, November 22nd, 2020

Minnesota’s corn farmers understand the importance of the export market for their commodity, with nearly a third of corn and corn products exported out of the country. A recent study highlighted the importance of the export market for Minnesota’s entire economy. Commissioned by the National Corn Growers Association, the study found nearly 30 percent of the production value of Minnesota’s corn and corn products came from exports—a $1.7 billion value. The economic ripple effects of this export market in Minnesota created more than $3.1 billion in economic output, $1.1 billion in gross state product, and more than 12,700 jobs.

EPA: 6 more SRE petitions filed, 58 now pending

Source: By Ethanol Producer Magazine • Posted: Sunday, November 22nd, 2020

EPA released updated small refinery exemption (SRE) data on Nov. 19, reporting that six additional SRE petitions have been filed with the agency, including one for Renewable Fuel Standard compliance year 2019 and five for compliance year 2020. No other changes were made to the EPA’s online SRE data dashboard. A total of 58 SRE petitions are currently pending, up from 52 that were pending as of Oct. 15. The petitions include nine that have been filed for compliance year 2020, up from four last month, and 32 that are pending for compliance year 2019, up from 31 in October.