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Governors' Biofuels Coalition
NEWS UPDATE January 31, 2020

Today’s Biofuels News will not publish during the week of February 3.  It resumes on Monday, February 10, 2020.

Top Story

Trump Travels to Iowa to Energize Supporters for Caucuses Next Week

By Annie Karni, New York Times  •    •  Posted January 31, 2020

Mr. Trump already has deep support in Iowa, a state he won in 2016 by more than nine points. Jeff Kaufmann, the chairman of the Iowa Republican Party, has been a strong Trump supporter who has echoed the president’s description of a Democratic Party defined by “left-wing nuts.” Campaign officials have tried to reward Mr. Kaufmann’s loyalty with presidential visits intended to motivate other state chairmen to follow suit. [ read more … ]

President Trump says in Iowa, ‘I’m not going to lose in this state. I don’t think I’m going to lose in any other state.’

By Brianne Pfannenstiel, Des Moines Register  •    •  Posted January 31, 2020

On trade, Trump called the new United States-Mexico-Canada trade agreement “another colossal victory for the American farmer.” He told the crowd that if they forget the acronym USMCA, they could recall the song YMCA, which played on the loudspeakers ahead of Trump’s speech. “I worked so hard for this state,” he said. “… USMCA, all done. China, all done. For the farmers it’s done. That I can tell you. You’re going to have to get bigger tractors and a hell of a lot more land. You’ve got to produce a lot of product. I don’t know if you can.” [ read more … ]

Policy & Politics

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

By Andrew Maykuth, Philadelphia Inquirer  •    •  Posted January 30, 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 … ]

If the U.S. doesn’t change course, carbon emissions will rise again in the 2030s

By Dino Grandoni, Washington Post  •    •  Posted January 30, 2020

Absent any major policy shift in this decade, the amount of carbon dioxide the United States adds to the atmosphere each year is projected to begin rising by the 2030s, according to a new government report.  That’s sobering news: It means the United States will be nowhere near where climate scientists say it needs to be to reduce its contributions to climate change and help forestall the most dangerous global warming.
[ read more … ]

ADM fourth-quarter profit beats estimates on biodiesel, consumer trends

By Arunima Kumar in Bengaluru and P.J. Huffstutter in Chicago, Reuters  •    •  Posted January 30, 2020

U.S. grains trader Archer Daniels Midland Co’s (ADM.N) fourth quarter profit topped Wall Street expectations on Wednesday, driven by its nutrition business and refined products unit, which includes biodiesel and food oils. ADM released earnings results after the market closed and its stock rose 3.15%, to $45.06 a share, in after-hours trading.
[ read more … ]

RFS Small Refinery Exemptions Vacated by Court

By William C. Schillaci, EHS Daily Advisor  •    •  Posted January 30, 2020

The ethanol industry, as well as the agricultural sectors that provide the raw materials for the production of ethanol, welcomed an opinion by a panel of the U.S. Court of Appeals for the 10th Circuit that vacated decisions by the EPA to extend exemptions to renewable fuel obligations to three small refineries. The panel’s basic reasoning is that under the Clean Air Act’s (CAA) Renewable Fuel Standard (RFS), the extensions should not have been granted because the three refineries were not already in possession of exemptions. [ read more … ]

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