News

Ethanol Official Encouraged By New President’s Renewable Fuel Goals

Source: By WNAX • Posted: Thursday, November 12th, 2020

One of the priorities of the Biden Administration focuses on climate change and achieving a path to net zero emissions. That provides a great opportunity for ethanol and all biofuels according to Nebraska Ethanol Board Administrator Roger Berry. He says Biden’s focus goes well with enhanced ethanol usage, and now it’s critical the biofuels industry is able to overcome misconceptions about those fuels placed on them by opponents.

Climate economist will help shape Biden’s financial council

Source: By Scott Waldman, E&E News reporter • Posted: Thursday, November 12th, 2020

An economist who has studied the financial consequences of ignoring climate change was tapped this week by President-elect Joe Biden to help him pick who should serve on the next White House Council of Economic Advisers. Jay Shambaugh, an economics professor at George Washington University, was named Monday to the team in charge of vetting applicants to the influential group. Shambaugh has warned that climate change would have a disproportionate effect on low-income communities.

Global Octane Improver Fuel Additives Market 2020-2025 – Growing Demand for Ethanol-Blended Fuels

Source: By Associated Press • Posted: Thursday, November 12th, 2020

The market for octane improver fuel additives is expected to grow at a CAGR greater than 3% globally during the forecast period. Growing demand for ethanol-blended fuels along with increasing demand for high-performance fuels are driving the market. On the flip side, stringent environmental regulations coupled with unfavorable conditions arising due to the COVID-19 outbreak are hindering the market growth. It is found that there is a significant drop in the production of flexible fuel vehicles in 2019-20 in some parts of the United States which can run on E15, E40, and E85. However, there is a rise in demand for E15 vehicles and for the first time BMW models were approved for use of E15 and it is expecting to launch E25 by the end of 2020.

Supreme Court extends deadline for EPA response to SRE challenge

Source: By Erin Voegele, Ethanol Producer Magazine • Posted: Thursday, November 12th, 2020

The U.S. Supreme Court on Nov. 10 granted a motion filed by the U.S. EPA seeking a one-month extension to its deadline to file a response to a petition filed by HollyFrontier and Wynnewood Refining in September seeking a review of the ruling on small refinery exemptions (SREs) handed down by the Tenth Circuit Court of Appeals in January 2020. The following day, the states of Wyoming, Louisiana, Ohio, Oklahoma, Texas, Utah and West Virginia filed a brief in support of the petitioners.

IEA cuts global biofuels forecast as pandemic hits transport fuel demand | S&P Global Platts

Source: By Robert Perkins, S&P Global • Posted: Wednesday, November 11th, 2020

The International Energy Agency has cut its near-term forecast for global biofuels production as the COVID-19 crisis triggers the first annual decline in transport biofuels in two decades.
Biofuel output for transport is forecast to reach 186.1 billion liters, or 3.21 million b/d, in 2025, a 14% increase from 2019 levels, according to the central scenario in the IEA’s Renewables 2020 report published Nov. 10.

Biden Victory to Boost DOJ’s Environmental Agenda, Enforcement

Source: By Ellen M. Gilmer, Bloomberg Law • Posted: Wednesday, November 11th, 2020

The Justice Department’s environment division is poised to ramp up pollution policing and sideline Trump-era policies when President-elect Joe Biden takes office in January—joining agencies across the executive branch in making a sharp turn to the left. New political leaders in the Environment and Natural Resources Division (ENRD) will move swiftly to set more robust enforcement priorities and nix recent directives that constrain settlements, environmental lawyers told Bloomberg Law. Early plans from the Biden campaign also hint at an ambitious buildout of environmental and climate justice work.

Former Iowa Governor Culver Eyed for Energy Post Under Biden

Source: By Jennifer Jacobs and Jennifer A Dlouhy, Bloomberg • Posted: Wednesday, November 11th, 2020

President-elect Joe Biden’s transition team has spoken to former Iowa Governor Chet Culver and chair of the Governors’ Biofuels Coalition about joining the new administration, according to two people familiar with the matter. A possible senior role in the Energy Department that would draw on Culver’s expertise in renewable power has been discussed, according to one of the people, who asked not to be named discussing a personnel matter. Culver has long family ties to the Bidens — his father served alongside Biden in the Senate in the 1970s — and endorsed the president-elect 10 days before the Iowa caucuses.

Biden’s climate plan would hinge on Senate outcome

Source: By James Osborne, Houston Chronicle • Posted: Wednesday, November 11th, 2020

Even with his victory over President Donald Trump, Joe Biden’s hopes for enacting the ambitious climate change policy on which he campaigned remain unclear with control of the Senate in limbo. Biden, who exceeded the necessary 270 Electoral College votes when he was projected to win Pennsylvania on Saturday, still faces the prospect of a Republican-controlled Senate that has roundly criticized his plan to move the country to net-zero greenhouse gas emissions by midcentury as too costly and disruptive to the economy.

Wall Street braces for climate change scrutiny under Biden

Source: By ZACHARY WARMBRODT, Politico • Posted: Wednesday, November 11th, 2020

Biden’s win would expose U.S. banks to intense scrutiny for their role in providing billions of dollars of financing each year to fossil fuel production that contributes to climate change. Leading Democrats want to go even further by forcing lenders to abide by disclosure rules and stress tests to make sure they aren’t the source of a new crisis. The fear is that destructive climate events – as well as a costly transition to a lower-carbon economy – will wreak havoc on the banks’ portfolios and destabilize the financial system.

Energy lobbyists prepare for Biden, despite Trump’s refusal to concede

Source: By Dino Grandoni, Washington Post • Posted: Wednesday, November 11th, 2020

Not every Republican lawmaker has publicly acknowledged that Joe Biden won the presidential election as President Trump refuses to concede. But trade groups often aligned with the GOP have already come to grips with the power change coming in Washington.  Over the last several days, representatives from manufacturers, coal-mining companies, oil producers and other industries have congratulated the president-elect on his victory – and signaled they are interested in helping shape Biden’s plans to tackle climate change.