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Governors' Biofuels Coalition
NEWS UPDATE July 9, 2012

Subpanel to hear industry input on fuel production, use

Jason Plautz, E&E reporter  •    •  Posted July 9, 2012

A House subcommittee will consider the industry’s response to a series of federal programs designed to promote alternative fuels, including the controversial renewable fuel standard, promotion of flex-fuel vehicles and tax credits for electric vehicles. The Energy and Commerce Subcommittee on Energy and Power will hear from groups representing the auto industry, biofuels groups and other alternative fuel promoters. Gulf Oil CEO Joseph Petrowski will also testify before the committee. [ read more … ]

Ag Secretary touts biofuels plan during Iowa appearance

By Bob Fisher, KRIB, Mason City  •    •  Posted July 9, 2012

The U.S. government has announced its latest effort to drive the development of biofuels through a $62-million investment. The White House says a key part is $30-million in federal funding being made available to quicken the development of biofuels to replace diesel and jet fuel consumed by the military and the commercial aviation and shipping industry. U.S. Agriculture Secretary Tom Vilsack touting the plan while in Iowa this week, but says there are some in Congress that don’t want to see this happen. [ read more … ]

Production hits yearly low in face of Midwest drought, soaring corn prices

Amanda Peterka, E&E reporter  •    •  Posted July 9, 2012

Ethanol production reached a yearly low last week as a Midwestern drought continues to spur skyrocketing corn prices. The U.S. Energy Information Administration reported yesterday that ethanol production for the week ending June 29 was 857,000 barrels, down 26,000 barrels per day compared with the previous week. [ read more … ]

Farm bill revamps conservation programs, scuttles mandatory energy funding

Amanda Peterka, E&E reporter  •    •  Posted July 9, 2012

The farm bill draft released yesterday by the House Agriculture Committee proposes a significant restructuring of farmland conservation programs and a downsizing of rural energy initiatives. Like the Senate version of the bill passed last month with bipartisan support, the House draft would cut the number of conservation programs from 23 down to 13. But unlike the Senate version, the House bill provides no mandatory funding for energy programs that help farmers and ranchers make energy efficiency improvements and plant biofuel crops. [ read more … ]

House subpanel to take up fraud in biodiesel market

Amanda Peterka, E&E reporter  •    •  Posted July 9, 2012

Since October of last year, three high-profile fraud cases have rocked the biodiesel industry, sending ripples of uncertainty throughout the market and forcing small producers to idle their plants. A House Energy and Commerce subpanel this week will hold a hearing on U.S. EPA’s handling of the cases and of rumored fraud investigations that have yet to be announced. The hearing comes as Energy and Commerce Republicans investigate the issue, which they say EPA has exacerbated by not being transparent and by penalizing refiners for purchasing fake renewable fuels credits in good faith. [ read more … ]

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