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Governors' Biofuels Coalition
NEWS UPDATE December 9, 2019

Top Story

OK Beemer: Why European luxury sedans are becoming a relic of the past and electric SUVs are on the rise

By Faiz Siddiqui, Washington Post  •    •  Posted December 8, 2019

The rapid embrace of upscale electric cars by aspirational consumers like Dickson shows how battery-powered vehicles are primed to become a major force in the auto industry, with broad implications for mechanics, autoworkers, oil companies and environmentalists. While many have long predicted an electric car revolution, Tesla’s quick success in the luxury market — which often sets the direction for the entire automotive industry — shows that the tipping point may have already happened. Just two years after launching the Model 3 into production, Tesla far outsells vehicles in the luxury sport sedan segment by its direct competitors, including Mercedes-Benz, BMW, Audi and Lexus, according to Edmunds market data reviewed by The Washington Post. The company claims it has bested its all of its direct competitors from those brands combined, based on delivery data. [ read more … ]

Trade

China says hopes it can reach trade agreement with U.S. as soon as possible

By Gabriel Crossley, Reuters  •    •  Posted December 9, 2019

White House economic adviser Larry Kudlow said on Friday that the two sides had talked almost daily, but there were currently no plans for face-to-face talks or a signing ceremony between Trump and Chinese President Xi Jinping. With less than a week to go before the deadline amid “intense” negotiations, Kudlow said Trump would make the final decision on the tariffs, which would hit Chinese-made cellphones, laptop computers, toys and clothing. [ read more … ]

China Hopes for Good Trade Result With U.S. as Soon as Possible, Commerce Official Says

By Bloomberg News  •    •  Posted December 9, 2019

China hopes trade talks with the U.S. can produce satisfactory results as soon as possible, according to a Ministry of Commerce official. “We hope that the two sides will advance the negotiations and consultations in accordance with the principles of equality and mutual respect, take into account each other’s core concerns and achieve satisfactory results as soon as possible,“ Assistant Minister of Commerce Ren Hongbin told reporters Monday in Beijing. Ren is not involved in the talks with the U.S. and was speaking at a press conference about developing high-quality trade. [ read more … ]

Proposed RVO and Supplemental Rules

Trump administration sees partial waivers as potential fix in biofuel debate: sources

By Stephanie Kelly and Jarrett Renshaw, Reuters  •    •  Posted December 8, 2019

The Trump administration believes it can assuage farmer anger over its biofuels policy by agreeing to use more partial waivers for oil refineries, signaling a potential solution to a protracted battle between Big Corn and Big Oil, two key political constituencies in next year’s presidential election, according to three sources familiar with the matter. The administration has spent months trying to appease farmers and corn-based biofuel producers after it granted 31 oil refiners exemptions to blending mandates in August, sparking outrage across the Farm Belt. It unveiled a proposal to address the issue in October that biofuel companies say does not go far enough to compensate for the ethanol demand destruction caused by the waivers. [ read more … ]

SD Farmers Union Appreciates Governor’s E30 Push with President

By WNAX  •    •  Posted December 8, 2019

South Dakota Governor Kristi Noem says she’ll be visiting with President Trump soon and will ask for higher blends of ethanol to be approved, specifically E30. She made the comments while speaking at Glacial Lakes Energy’s annual meeting. South Dakota Farmers Union President Doug Sombke says they’re encouraged by Noem’s support and the letter she and Minnesota Governor Tim Walz, who chairs the Governor’s Biofuels Coalition, recently wrote to the President outlining the benefits of E30. [ read more … ]

Climate Policy

Global alliance of agriculture and biofuels partners highlights role of ethanol as immediate and cost-effective climate action measure for transport

By Ernie Shea, Solutions from the Land  •    •  Posted December 8, 2019

In the light of alarming oil industry forecasts[1] of continued growth in the world’s fleet of gasoline and diesel road vehicles to 2040 and beyond (to upwards of two billion vehicles from 1.2 billion today), ethanol sector advocates pressed government leaders at COP 25 today to further bolster support for ethanol as a renewable fuel.  Today’s ethanol contributes greenhouse gas savings of over 50 percent compared to oil-a number that increases every year as the sector innovates.  With enough output to power 100 million cars globally, the amount of renewable energy supplied by ethanol is approaching that of wind energy and has surpassed that of solar.  Worldwide, ethanol made from biomass is the single biggest contributor to climate action in the transport sector while also serving as a valuable revenue stream for farmers that have struggled with low prices due to global crop surpluses. [ read more … ]

RFA Stresses Ethanol Benefits at U.N. Climate Change Conference

By Ken Colombini, RFA  •    •  Posted December 8, 2019

Low-carbon ethanol is an economical and proven solution for fighting global climate change, the Renewable Fuels Association told world leaders this week in Madrid at the U.N. Climate Change Conference, also known as COP25. Kelly Davis, RFA’s Vice President of Regulatory Affairs, is attending the conference to promote the environmental benefits of ethanol and meet with policymakers, industry leaders, and climate advocates from the world. She joins a small delegation of U.S. farm and biofuel industry leaders. [ read more … ]

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