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Governors' Biofuels Coalition
NEWS UPDATE June 15, 2012

Lame duck may seal fate of transportation, wind, as time crunch intensifies

Nick Juliano and Elana Schor, E&E reporters  •    •  Posted June 15, 2012

Renewable power and transportation represent the two poles of America’s power mix, the former competing with gas and coal while the latter is yoked to oil. But as the partisan rancor of even-numbered years spikes to a presidential election-fueled high, builders of wind turbines and highways are in a surprisingly similar jam. Meanwhile, clean energy advocates have continued their push for quick action to renew a key break for the wind industry that gives developers a 2.2 cent tax credit for every kilowatt-hour of electricity they generate. Previous lapses in the production tax credit (PTC), which was first established in 1992, have caused deployment of wind turbines to virtually disappear, and industry backers say the economic pain would be even more acute this year because of significant growth in U.S.-based manufacturing of turbine components. [ read more … ]

Ethanol Gains Second Day On Speculation Fed Will Boost Economy

By Mario Parker, Bloomberg  •    •  Posted June 15, 2012

Ethanol gained for a second day in Chicago on speculation that a sputtering U.S. economy will lead the Federal Reserve to loosen monetary policy.
[ read more … ]

Pressured, E.P.A. Proposes Soot Limit

By LESLIE KAUFMAN, New York Times  •    •  Posted June 15, 2012

The Environmental Protection Agency has proposed new national air quality standards that would significantly reduce levels of fine-particle soot. The rule, to be announced on Friday, would reduce the range of fine particulates allowed in the atmosphere by roughly 17 percent, according to an agency official who spoke on condition of anonymity, and Paul G. Billings, a vice president of the American Lung Association, who said he had been briefed on the standard by Obama administration officials. [ read more … ]

New study backs up EPA assertions on low cost of tailpipe standards

Jeremy P. Jacobs, E&E reporter  •    •  Posted June 15, 2012

U.S. EPA’s forthcoming new standards for the amount of sulfur in gasoline will not boost the price at the pump for consumers as industry has claimed, according to an economic study to be released today. At issue are so-called Tier 3 air pollution standards for tailpipes that the agency is expected to propose this year and finalize in 2013 at the earliest. The agency is expected to lower the sulfur limit in gasoline from 30 parts per million to 10 ppm, a move that will bring it in line with Japan and the European Union and, the agency says, lead to significant health benefits.
[ read more … ]

Ethanol backers push transition

By Gene Lucht, Iowa Farmer Today  •    •  Posted June 15, 2012

When Feike Sijbesma talks about the reasons his company joined forces with ethanol maker POET, his eyes light up. “What we are doing is transforming a fossil-based economy, going from a fossil age to a bio age,” the CEO of Royal DSM says. And, he doesn’t quit there [ read more … ]

Obama, Romney make energy a centerpiece of dueling speeches in Ohio

John McArdle, E&E reporter  •    •  Posted June 15, 2012

In dueling economic speeches today from different corners of the key presidential battleground of Ohio, presumptive Republican nominee Mitt Romney and President Obama agreed that the road back to American prosperity will be built in large part on jobs and growth in the energy industry. [ read more … ]

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