News

House Members Introduce Bill to Stop SEC Climate-Reporting Rule

Source: By Todd Neeley, Progressive Farmer • Posted: Sunday, October 2nd, 2022

In attempt to stop the U.S. Securities Exchange Commission from implementing a climate-reporting rule that could affect farmers and ranchers across the country, more than 80 members of the U.S. House of Representatives introduced legislation on Thursday that would effectively end the rule. The “Enhancement and Standardization of Climate Related Disclosures for Investors” proposed rule has been touted by the SEC as a way to protect investors in publicly traded companies. It would require those companies to report data about their entire supply chain, including farmers and ranchers.

Troubled carbon capture projects dog US DOE ahead of new spending spree

Source: By Karin Rives, S&P Global • Posted: Sunday, October 2nd, 2022

On Sept. 23, the DOE announced $4.9 billion in new carbon capture project funding, $2.5 billion of which is earmarked for demonstration projects “at fossil energy power plants and major industrial sources.” In all, Congress approved $12.1 billion over five years for the agency’s carbon management program under the bipartisan 2021 Infrastructure Investment and Jobs Act. All that potential spending has led to calls for more accountability when the projects do not pan out.

Shipper initiative targets zero emission trucking fleets by 2040

Source: By Colin Campbell, Utility Dive • Posted: Sunday, October 2nd, 2022

Five multinational companies have committed to transition their medium- and heavy-duty truck fleets in OECD markets, China and India to zero emission vehicles by 2040, the environmental nonprofit Climate Group announced last week.

New York begins implementation of 2035 ban on new gas-powered cars and trucks, following California lead

Source: By Robert Walton, Utility Dive • Posted: Sunday, October 2nd, 2022

New York has begun the process to implement a 2035 ban on new sales of light-duty internal combustion engine vehicles, following the lead of California regulators who adopted such rules in August. Gov. Kathy Hochul, D, on Thursday directed the N.Y. Department of Environmental Conservation to develop draft rules requiring a growing percentage of new light-duty vehicle sales to be zero-emission vehicles, beginning with 35% in model year 2026.

Renewable diesel projected to turbo charge U.S. biofuel growth

Source: By The Fencepost • Posted: Sunday, October 2nd, 2022

By producing fuel using sources with lower carbon intensity than traditional petroleum-based products, the U.S. biofuels sector is well-positioned to play a major role in reducing greenhouse gas emissions. According to a new report from CoBank’s Knowledge Exchange, the recent surge of investments in U.S. renewable diesel production capacity is likely to ignite a period of growth and transition for the biofuels industry.

Iowa ag secretary candidates split on carbon pipelines, future of ethanol

Source: BY: JARED STRONG, Iowa Capital Dispatch • Posted: Saturday, October 1st, 2022

The two candidates for Iowa secretary of agriculture split Friday on whether government should require unwilling landowners to allow carbon pipelines to cross their land. Democrat John Norwood said eminent domain should not be used to build pipelines that transport captured carbon dioxide away from ethanol plants in Iowa because they do not serve a public purpose.

His opponent, incumbent secretary Mike Naig, a Republican, said eminent domain is permissible if the companies that have proposed three such pipelines get “significant voluntary agreements” with landowners for their routes.

EIA: Ethanol Output Sinks 5.1% to Lowest Level in 19 Months

Source: By Progressive Farmer Staff • Posted: Thursday, September 29th, 2022

Ethanol production in the United States through Sept. 23 took another sharp downturn, while blender inputs, a measure of demand, climbed for the first time in over a month, according to data released Wednesday, Sept. 28, by the Energy Information Administration. Overall domestic ethanol production dropped for a third week last week, tumbling 46,000 barrels per day (bpd) to 855,000 bpd, the lowest level since the week ended Feb. 19, 2021, when output averaged 658,000 bpd while down 6.5% from this time last year. A 51,000-bpd or 6% reduction in Midwest ethanol production to 799,000 bpd led the decline.

Inflation Reduction Act Is Both Good And Bad News For U.S Biofuels

Source: By Felicity Bradstock, Oilprice.com • Posted: Thursday, September 29th, 2022

There are now high hopes for a new policy that will support the development of the biofuels industry. President Biden is expected to introduce annual biofuel blending mandates for the refining industry for a period of three years, rather than the traditional yearly mandate. Shifting to a multi-year target would enhance security for both the refining and biofuels industries. 

APPEC 2022: Current SAF efforts insufficient for 2050 net zero target- Panel

Source: By OPIS • Posted: Thursday, September 29th, 2022

There is no substitute for SAF in the renewable space for the next 30 years with 300 million mt of SAF needed by 2050, said Shell Aviation’s President Jan Toschka. While SAF is crucial for medium to long haul flights, decarbonization efforts in aviation is lagging behind other transportation sectors, noted Neste’s Vice President for APAC, Renewable Aviation, Sami Jauhiainen.

Ethanol Diesel Nudges Closer to Market

Source: By Todd Neeley, Progressive Farmer • Posted: Thursday, September 29th, 2022

A selling point for the ClearFlame technology is it can replace petroleum fuels with ethanol in order to reduce greenhouse gas emissions as well as particulate matter and smog, at the same time reducing overall engine cost. The diesel sector spends about $3.3 billion in aftertreatment each year. Using ethanol in a diesel engine could save the sector $2.5 billion in aftertreatment costs, Johnson said. In October 2021, ClearFlame announced John Deere was among a number of companies investing $17 million in the startup company developing a heavy-duty truck engine able to run on straight ethanol.