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Governors' Biofuels Coalition
NEWS UPDATE January 24, 2020

Top Story

Trump promised his mileage standards would make cars cheaper and safer. New documents raise doubts about that.

By Juliet Eilperin and Brady Dennis, Washington Post  •    •  Posted January 23, 2020

President Trump has said his plan to weaken federal mileage standards would make cars cheaper and “substantially safer.” But the administration’s own analysis suggests that it would cost consumers more than it would save them in the long run, and would do little to make the nation’s roads safer. The revised Safer Affordable Fuel-Efficient (SAFE) Vehicles rule, which has not been released publicly, would require automakers to increase the average fuel efficiency of the nation’s fleets by 1.5 percent per year between model years 2021 and 2026. Rules put in place by the Obama administration, by comparison, require a nearly 5 percent annual increase. [ read more … ]

Trade

What Will China Buy?

By  Lin Tan , DTN China Correspondent  •    •  Posted January 23, 2020

While the U.S. celebrated the signing of the first phase of the U.S.-China trade deal at the White House, Chinese commodity buyers are still confused about their role in how to make the deal happen. “I do not know how the government will manage to import the required agricultural products,” said China Agricultural University professor Jun Wang. “Chinese policymakers normally set a goal first, then they will try to figure out the way to solve the problem. But it will not be an easy job this time.” [ read more … ]

Policy & Politics

Novozymes’ shares jump on fourth-quarter profit beat

By Stine Jacobsen, Reuters  •    •  Posted January 23, 2020

Shares in Danish enzymes maker Novozymes jumped almost 8% on Thursday after it reported better than expected quarterly operating profit, lifted by strong strong sales of its products to detergent makers. Novozymes’ chief executive Peder Holk Nielsen will be replaced by Ester Baiget from Dow next month as the firm looks to boost overall sales growth following three profit warnings last year. [ read more … ]

Roadblock to Higher Blends

By Matt Thompson, Ethanol Producer Magazine  •    •  Posted January 23, 2020

The U.S. EPA’s move to allow the year-round sale of E15 is an important stepping stone toward the ethanol industry’s goal of making mid-level blends a more mainstream choice for drivers. And while it’s been celebrated as a major achievement, there are some limitations to the rule. Specifically, the rule limits blends higher than 15 percent ethanol, says the Urban Air Initiative and a group of ethanol advocates who have challenged that portion of the rule in court. [ read more … ]

Capture carbon dioxide to reduce climate change

By John R. Snyder, Post Register  •    •  Posted January 23, 2020

Microsoft Corporation gets the first part of the reality check. On Jan. 16 Microsoft President Brad Smith announced their goals to be carbon negative by 2030, to remove historical carbon emissions by 2050 and to invest $1 billion over the next four years to fund innovation in reducing, capturing and removing CO2 from the atmosphere. However, they miss the second. Renewable energy, i.e., solar and wind power, has not, and never will, reduce greenhouse gases in the atmosphere. One hundred percent renewable energy goals are cruel and extremely dangerous public deception. So, what’s the alternative? [ read more … ]

Minnesota Corn Growers launch Better Fuel Initiative

By Mark Dorenkamp, Brownfield  •    •  Posted January 23, 2020

Minnesota is once again looking to take the lead on renewable fuels. Harold Wolle, a board director for both the Minnesota Corn Growers and National Corn Growers Associations, says MCGA is launching the Better Fuel Initiative. “The tagline is better fuel for Minnesota from Minnesota.” [ read more … ]

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