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Governors' Biofuels Coalition
NEWS UPDATE August 8, 2019

Top Story

Climate Change Threatens the World’s Food Supply, United Nations Warns

By Christopher Flavelle, New York Times  •    •  Posted August 8, 2019

The world’s land and water resources are being exploited at “unprecedented rates,” a new United Nations report warns, which combined with climate change is putting dire pressure on the ability of humanity to feed itself. The report, prepared by more than 100 experts from 52 countries and released in summary form in Geneva on Thursday, found that the window to address the threat is closing rapidly. A half-billion people already live in places turning into desert, and soil is being lost between 10 and 100 times faster than it is forming, according to the report. [ read more … ]

Primary

Presidential hopeful Klobuchar woos rural votes, vows help for farmers

By Sharon Bernstein, Reuters  •    •  Posted August 8, 2019

U.S. presidential hopeful Amy Klobuchar on Wednesday will propose help for American farmers including looser restrictions on biofuels and student loan forgiveness, the latest effort by a Democratic candidate to woo rural voters who backed Republican Donald Trump. Klobuchar, a senator from Minnesota, is one of two dozen Democrats seeking the party’s nomination to face Trump in the 2020 presidential election.
[ read more … ]

Warren, Gillibrand roll out climate plans for agriculture

By Timothy Cama, E&E News reporter  •    •  Posted August 8, 2019

Sens. Elizabeth Warren of Massachusetts and Kirsten Gillibrand of New York are eyeing the agriculture sector in their presidential campaign climate change platforms. Both Democratic hopefuls released policy plans for rural America and agriculture this morning, with components that seek to incentivize sustainable farming practices and push the industry to emit less greenhouse gases. The plans came the day before the annual Iowa State Fair, a key agricultural event in the presidential primary process, hosted in the state whose February caucus will be the first nomination contest of the 2020 race.
[ read more … ]

Policy & Politics

The Finance 202: Trump’s trade war keeps punishing farmers. But farmers remain optimistic.

By Tory Newmyer, Washington Post  •    •  Posted August 8, 2019

Investors who got socked by Monday’s steep stock market sell-off enjoyed a partial recovery Tuesday, as three major stock benchmarks each climbed more than a percent. For American farmers, the constituency most squarely in the crosshairs of the escalating U.S.-China trade war, relief won’t come so easily.  The Chinese Ministry of Commerce confirmed Monday that Beijing is canceling all purchases of U.S. agricultural goods in retaliation for President Trump’s pledge to slap 10 percent tariffs on $300 billion of Chinese imports. The move piles on to a punishing year for farmers, who’ve been assailed by a combination of bad weather and Chinese counterpunching in the trade war. Zippy Duvall, president of the American Farm Bureau Federation, called the announcement a “body blow to thousands of farmers and ranchers who are already struggling to get by.” [ read more … ]

Advanced BioEnergy selling ethanol plants in Aberdeen, Huron

By Associated Press  •    •  Posted August 8, 2019

Advanced BioEnergy is selling its Aberdeen and Huron ethanol plants to Glacial Lakes Energy for $47.5 million. Advanced BioEnergy, based in Bloomington, Minnesota, said the transfer is expected to take place in the third quarter of this year, if shareholders approve. Advanced BioEnergy would be liquidated and the proceeds distributed to shareholders after outstanding debt and liquidation expenses are paid. The sale also includes the company’s inventory at the time of closing.
[ read more … ]

Minnesota Department of Agriculture grants to expand biofuels access

By Biofuels Digest  •    •  Posted August 8, 2019

The Minnesota Department of Agriculture (MDA) has awarded four grants totalling over $500,000 (€446,888) to expand biofuel access and production. Under its Agricultural Growth, Research and Innovation (AGRI) programme, the MDA awarded grants to four recipients through two competitive review processes. [ read more … ]

Opinion

The Hydrocarbon Era’s Spectacular End

By Liam Denning, Wall Street Journal  •    •  Posted August 8, 2019

The world depends on coal, oil, and natural gas for about four-fifths of its energy—just as it did when I was a boy. Back then, fears shaped by the 1970s centered on what would happen when our vital fuels ran out. Our actual energy crisis turns out to be one of abundance, not scarcity. We’ve burned 1 trillion barrels of oil since 1980, yet global reserves are almost three times bigger. Natural gas is so plentiful that producers in Texas have been burning it off or even paying customers to take it off their hands. As for coal, the only thing many mines have run out of is jobs. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.