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Governors' Biofuels Coalition
NEWS UPDATE November 8, 2019

Today’s Biofuels News will not publish on Veterans’ Day.  It resumes on Tuesday, November 12.

Top Story

Trade

U.S. and China Agree to Roll Back Some Tariffs if Deal is Struck

By Ana Swanson and Keith Bradsher, New York Times  •    •  Posted November 8, 2019

The United States and China have agreed that an initial trade deal between the two countries would roll back a portion of the tariffs placed on each other’s products, a significant step toward defusing tensions between the world’s largest economies. The so-called phase one agreement has not yet been finalized, and a deal could fail to materialize as it has in previous rounds of negotiations. But if a pact is reached, the Trump administration has committed to rolling back tariffs, according to people familiar with the negotiations. [ read more … ]

U.S. Says Phase-One China Deal Would Include Tariff Rollback

By Bloomberg News  •    •  Posted November 7, 2019

The U.S. and China have agreed to roll back tariffs on each other’s goods in phases as they work toward a deal between the two sides, both sides said. “In the past two weeks, top negotiators had serious, constructive discussions and agreed to remove the additional tariffs in phases as progress is made on the agreement,” China’s Ministry of Commerce spokesman Gao Feng said Thursday. [ read more … ]

Exclusive: Rollback of China tariffs faces fierce opposition in White House – sources

By Heather Timmons and Jeff Mason, Reuters  •    •  Posted November 7, 2019

An agreement between the United States and China to roll back existing tariffs as part of a ‘phase one’ trade deal faces fierce internal opposition at the White House and from outside advisers, multiple sources familiar with the talks said. The idea of a tariff rollback was not part of the original October “handshake” deal between Chinese Vice Premier Liu He and U.S. President Donald Trump, these sources said.
[ read more … ]

SREs

Republicans Push EPA on RFS

By Chris Clayton, Progressive Farmer  •    •  Posted November 7, 2019

Seven Midwest senators and Iowa’s governor, all Republicans, are pushing back on EPA’s supplemental plan for the Renewable Fuel Standard, stating in comments that EPA’s latest plan continues to kowtow to petroleum industry profits. EPA is in the middle of a comment period for a plan that would add to 2020 RFS volumes by accounting for small-refinery exemptions and ideally achieve at least 15 billion gallons of renewable fuel volumes in 2020. EPA wants to use a Department of Energy recommendation on waived gallons from 2015 to 2017, or an average of roughly 770 million gallons. Yet, biofuel advocates maintain the deal struck at the White House back in September calls for factoring in a three-year average of biofuel gallons exempted from 2016 to this year, which comes in closer to 1.35 billion gallons a year. [ read more … ]

EVs

China’s plan: Beat America (and everyone else)

By John Fialka, E&E News reporter  •    •  Posted November 7, 2019

When it comes to electric vehicles, no nation has matched China’s audacious plan. It wants to beat the world. China’s emerging leadership has been the subject of recent studies. One of them, released earlier this year by McKinsey & Co., the global consulting firm, revealed how China has normalized the use of electric cars while it remains a curiosity in much of the world. McKinsey’s research included a poll that found between 10% and 30% of Americans say their next car will be electric. Europe’s share of “leaners” toward EVs ranged from 40% to 60%. [ read more … ]

Policy & Politics

ADM offers free corn drying at three Midwest processing plants

By Mark Weinraub, Reuters  •    •  Posted November 7, 2019

Grain merchant Archer Daniels Midland Co is waiving the fees it charges farmers to dry grain at three of its Midwestern corn processors as it seeks supplies to keep the plants running at optimum levels through a slow, wet harvest period, a spokeswoman said on Thursday. Farmers, who are weeks behind schedule in much of the U.S. corn belt due to rainy harvest conditions, have been reluctant to sell their grain at current price levels. Free drying offers them a significant break as tight supplies of propane needed to run grain driers have sent costs soaring this fall. [ read more … ]

Exxon, FuelCell Energy make big CCS bet

By Carlos Anchondo, E&E News reporter  •    •  Posted November 7, 2019

Oil and gas giant Exxon Mobil Corp. has reached a $60 million agreement with FuelCell Energy Inc. to further develop carbon capture technology that aims to reduce greenhouse gas emissions from its industrial operations. The partnership between Exxon and Connecticut-based FuelCell Energy seeks to “optimize” fuel-cell technology for large-scale carbon capture, according to a company press release yesterday. Exxon — the world’s largest oil company — said the partnership would enable greater progress on a solution with the “potential to achieve meaningful reductions” of carbon dioxide emissions. [ read more … ]

40 members of congress urge passage of biofuel tax extenders

By Erin Voegele, Ethanol Producer Magazine  •    •  Posted November 7, 2019

Forty democratic members of Congress sent a letter to Speaker of the House Nancy Pelosi and Richard Neal, chairman of the House Committee on Ways and Means, on Nov. 6 urging action on the extension of several biofuel tax credits, including the biodiesel and renewable diesel tax credit, the alternative fuel vehicle refueling property tax credit, and the second generation biofuel producer tax credit. [ read more … ]

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