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Governors' Biofuels Coalition
NEWS UPDATE August 3, 2012

Clean energy industries cheer inclusion in extenders package

Nick Juliano, E&E reporter  •    •  Posted August 3, 2012

Yesterday’s bipartisan Senate Finance Committee vote to renew a variety of expired and expiring tax breaks — including a key credit for the wind industry and a suite of incentives for alternative fuels and biofuels producers, energy efficiency programs and transit programs — drew cheers from industries that won extension of their incentives and raised optimism that the breaks would be included in a yet-to-be-unveiled House version of the package. [ read more … ]

156 House members urge EPA to waive renewable fuel standard

Amanda Peterka, E&E reporter  •    •  Posted August 3, 2012

A bipartisan group of 156 House members called on U.S. EPA yesterday to reduce the federal ethanol mandate to account for the anticipated shortage in this year’s corn harvest. Led by Rep. Bob Goodlatte (R-Va.), the lawmakers blamed ethanol for exacerbating the drought’s impact on the price of corn, which has risen more than 50 percent since June, peaking at $8 a bushel. An immediate waiver of the corn ethanol mandate in the renewable fuel standard (RFS) would provide relief for livestock producers and prevent spikes in the coming months in the supermarket, the lawmakers said. [ read more … ]

Weekly production rises after 2-month slump

Amanda Peterka, E&E reporter  •    •  Posted August 3, 2012

U.S. ethanol production rose last week for the first time since early June, when companies began scaling back production under the strain of increased corn prices. Production averaged 809,000 barrels per day last week, up 13,000 barrels per day from the previous week, according to the federal Energy Information Administration. Stocks of ethanol also climbed last week from 19 million barrels to 19.4 million. [ read more … ]

A Glimpse of the Alternative Fuel Future

By MATTHEW L. WALD, New York Times  •    •  Posted August 3, 2012

While a variety of new fuel technologies are advancing, policy makers can be assured that the internal combustion engine will remain dominant for decades, the National Petroleum Council told the Department of Energy on Wednesday in a report. The report from the council, an advisory agency, was drawn up in response to requests from the department for counsel on how to accelerate the adoption of new fuels and technologies, from compressed natural gas to fuel cells to biofuels, between now and 2050. One of the nation’s biggest energy problems is that nearly all of its ground transportation fuel is derived from oil.
[ read more … ]

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