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Governors' Biofuels Coalition
NEWS UPDATE January 30, 2020

Top Story

Trump Signs USMCA Deal

By Chris Clayton , DTN Ag Policy Editor  •    •  Posted January 29, 2020

President Donald Trump on Wednesday signed the United States-Mexico-Canada Agreement at a White House ceremony, allowing the president to highlight his trade successes and the overall strength of the U.S. economy even as the impeachment trial against him continues. USMCA is a significant political victory for President Trump, who noted in his comments that his critics had dismissed the possibility of renegotiating the former North American Free Trade Agreement. Trump also pointed again to the phase-one China deal signed earlier this month. [ read more … ]

Policy & Politics

Now Trump administration would like to see bankrupt Philadelphia refinery kept open

By Andrew Maykuth, Philadelphia Inquirer  •    •  Posted January 29, 2020

The bankrupt Philadelphia Energy Solutions oil-refinery complex, where fuels have been produced for 150 years, is not dead yet. Even the White House has become involved in efforts to maintain the site as a petroleum processing facility. Industrial Realty Group, the spurned bidder for the company that shut down after a devastating June fire, has teamed up with former refinery chief executive Philip Rinaldi to try to upstage a bankruptcy court sale to rival Hilco Redevelopment. Hilco’s bid in a recent bankruptcy auction was $25 million less than IRG’s, but Hilco was selected as the winner, according to a court filing. [ read more … ]

Cooperative Producers adds E15 at Axtell and Red Cloud locations | KTIC Radio

By KTIC  •    •  Posted January 29, 2020

The Nebraska Ethanol Board (NEB) applauds Cooperative Producers, Inc. (CPI) for adding E15 at their fuel sites in Axtell, Nebraska, and Red Cloud, Nebraska. These additions are CPI’s fifth and sixth locations selling E15 in the state including locations in Clay Center, Funk, Giltner, and Juniata. “As a farmer-owned cooperative we need to support the folks who do business with us,” said Gary Brandt, vice president of energy with CPI. “CPI uses 500,000 bushels of corn in the ethanol we sell every year, so adding more ethanol to the pumps in Axtell and Red Cloud really brings a sense of ownership to our growers who work hard throughout the year to feed and fuel our country.” [ read more … ]

Investors urge drillers, miners not to take advantage of Trump environmental rollbacks

By Timothy Gardner, Reuters  •    •  Posted January 29, 2020

A group of U.S. institutional investors urged energy, timber and mining companies on Wednesday not to take advantage of Trump administration rollbacks of environmental regulations, such as moving operations into public lands that are being opened up. The investors representing nearly $113 billion in assets sent a letter to 58 companies saying that firms seeking to make use of the rule changes put themselves and their investors at “significant risk of public backlash and stranded assets, should these actions be legally challenged or protections be restored by the courts or by future administrations.” [ read more … ]

Iowans push 2020 candidates to focus on climate change

By Rebecca Beitsch, The Hill  •    •  Posted January 29, 2020

A year of historic flooding and a farm demographic eager to protect crops from extreme weather have made climate change a major issue for Iowa voters in the 2020 presidential race.
While climate change has been given short shrift on the debate stages, it’s been widely discussed as the state races toward its first-in-the-nation caucuses on Monday.
[ read more … ]

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