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Governors' Biofuels Coalition
NEWS UPDATE September 4, 2019

Top Stories

SREs

Trump promises ethanol policy changes ‘within two weeks’

By Marc Heller, E&E News reporter  •    •  Posted September 4, 2019

President Trump today promised changes to ethanol policies within two weeks, which he said would boost biofuels without harming oil refineries. “Big additional list to be submitted & approved within two weeks. Will be even better for Ethanol, and we save our small refineries!” Trump said, noting that the administration has already sought to help farmers by allowing sales of higher-ethanol fuel year-round. [ read more … ]

Oil industry urges Trump administration to dismiss biofuel industry wish list

By Stephanie Kelly, Reuters  •    •  Posted September 4, 2019

The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the latest development in the clash over biofuel policy. “We are deeply concerned by the RFS (Renewable Fuel Standard) policy changes the White House is currently considering,” said Frank Macchiarola, API’s vice president of downstream and industry operations, during a press call on Tuesday. “We hope the administration walks back from the brink of what would be a disastrous political decision that potentially hurts American drivers.” [ read more … ]

The Trump Administration Paints Itself Into A Corner On Biofuels

By Tristan R. Brown, Seeking Alpha  •    •  Posted September 4, 2019

U.S. biofuel producers’ share prices have lost much of their value over the last four months. The biofuel production operating environment has been dismal due to the combined effects of trade wars, slowing economic growth, and the Trump administration’s weakening of the U.S. biofuels mandate. While the Trump administration has promised relief for biofuel producers, it has imposed constraints on itself that will make this a difficult promise for it to meaningfully accomplish. [ read more … ]

Trade

Brazil Raises US Ethanol Quota, Leaves Tariff in Place

By Todd Neeley, Progressive Farmer  •    •  Posted September 4, 2019

Though the Brazilian government announced it would raise the quota for ethanol imports from the United States not subject to the country’s 20% tariff, ethanol and grains interest groups said in press statements on Tuesday that Brazil should fully open the doors to ethanol. Brazil is raising the tariff rate quota, or TRQ, from about 159 million to about 198 million gallons for the next year. The quota essentially regulates the amount of U.S. ethanol allowed into Brazil before the tariff kicks in. Brazil was the top export market for U.S. ethanol in 2018 at 513 million gallons, up from 428 million in 2017. [ read more … ]

Brazil increases quota for tariff-free ethanol imports, but for only one year

By Luciano Costa and Jake Spring, Reuters  •    •  Posted September 4, 2019

Brazil has renewed and increased the size of its tariff-free quota for ethanol imports, but the new allotment will last only one year instead of the two years allocated to the former quota that expired on Saturday, according to the country’s official gazette. The Brazilian government will allow tariff-free ethanol imports up to a limit of 750 million liters (198 million gallons) per year, compared to the former quota of 600 million liters annually. Imports beyond the quota are subject to a 20% import tariff. [ read more … ]

Policy & Politics

Nebraska Ethanol Board and Gov. Ricketts submit comments on EPA’s proposed Renewable Volume Obligations for ethanol

By Amber Rucker, Nebraska Ethanol Board  •    •  Posted September 4, 2019

“We also urged the EPA to redistribute the more than four billion gallons of ethanol that have been stripped out of the Renewable Fuel Standard due to Small Refiner Exemptions over the last three years,” Berry said. “The only way to right the wrongs of the past and make the ethanol industry whole again is for the EPA to seriously consider the suggestions of the Nebraska Ethanol Board, and a multitude of other ethanol interests that have submitted comments. If the EPA would right the wrongs, it will preserve the ethanol industry that is fighting an uphill battle with those opposed to ethanol, and will continue to contribute to a lower priced fuel for Nebraskans’ cars and cleaner air for all.” [ read more … ]

Barrasso to McConnell: Don’t expand EV tax credit

By Maxine Joselow, E&E News reporter  •    •  Posted September 4, 2019

Senate Environment and Public Works Chairman John Barrasso is redoubling his efforts to kill the federal electric vehicle tax credit. It began in February, when the Wyoming Republican introduced legislation to end the tax credit and impose a new fee on EV drivers. [ read more … ]

Barrasso warns Trump against reforms to RFS

By Josh Siegel, Washington Examiner  •    •  Posted September 4, 2019

Republican John Barrasso of Wyoming, the chairman of the Senate Environment and Public Works Committee, warned President Trump on Tuesday not to move forward with proposed fixes to the Renewable Fuel Standard, saying that the changes would constitute favoritism and “risk closing refineries and killing thousands of jobs.” [ read more … ]

Primary 2020

U.S. presidential candidate Booker proposes $3 trillion climate change plan

By Joseph Ax, Reuters  •    •  Posted September 4, 2019

U.S. presidential hopeful Cory Booker unveiled a $3 trillion plan to address climate change on Tuesday, vowing to reach a 100% clean energy economy by 2045 by sharply curbing fossil fuels while investing heavily in renewable energy sources. The plan also calls for a new White House-coordinated “Environmental Justice Fund” that would focus on defending at-risk communities from environmental threats, including a nationwide lead remediation program to replace all lead water pipes for schools and residences. [ read more … ]

Booker, Klobuchar lay out climate plans

By Timothy Cama, E&E News reporter  •    •  Posted September 4, 2019

Democratic presidential hopefuls Cory Booker and Amy Klobuchar have outlined their plans to fight climate change as a landmark town hall event approaches. The platforms are meant to draw on the candidates’ backgrounds and strengths. Booker, a New Jersey senator, is focusing on environmental justice, while Klobuchar, a Minnesota senator, looks to strengthen policies initiated by President Obama with an emphasis on the Midwest. [ read more … ]

Opinion

Subsidize My Electric Car, Please

By The Editorial Board, Wall Street Journal  •    •  Posted September 4, 2019

Wyoming Republican John Barrasso is circulating a letter asking Senate Leader Mitch McConnell to reject an expansion or extension of the electric-vehicle tax credit. The federal government currently provides a $7,500 consumer tax break for an auto maker’s first 200,000 cars. The tax credit then drops by half for EVs sold over the next six months, and by half again for another six months. It then disappears. [ read more … ]

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