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Governors' Biofuels Coalition
NEWS UPDATE February 12, 2020

Top Story

Iowa’s election debacle could cost ethanol its clout

By Marc Heller and Timothy Cama, E&E News reporters  •    •  Posted February 11, 2020

An unfolding debate in the fuel industry has biofuels losing political punch — maybe — if Iowa surrenders its first-in-the-nation status in picking presidential nominees. And the debacle over counting votes in the Democratic caucuses has given fresh energy to the idea that Iowa shouldn’t go first. “I think that we’re on life support at this point,” said Timothy Hagle, a political science professor at the University of Iowa.
[ read more … ]

SREs

Lawyer: EPA Faces Decision on Waivers

By Todd Neeley , DTN Staff Reporter  •    •  Posted February 12, 2020

A recent biofuels industry victory in a federal appeals court could spell the end of the small-refinery exemptions program in its current form, the lead attorney for the ethanol industry in the case said on Tuesday. Matthew Morrison, an attorney with Pillsbury Winthrop Shaw Pittman LLP in Washington, D.C., represented the Renewable Fuels Association, National Corn Growers Association, American Coalition for Ethanol and National Farmers Union and Farmers Union Enterprises, in the U.S. Court of Appeals for the 10th Circuit in Denver.
[ read more … ]

A Closer Look At The Court Decision On HollyFrontier’s Biofuels Exemptions

By Tristan R. Brown, Seeking Alpha  •    •  Posted February 11, 2020

Late last month the U.S. Court of Appeals for the 10th Circuit ruled against refiner HollyFrontier (HFC) in a lawsuit brought by a coalition of biofuels producers. The subject of the lawsuit was the small refinery exemptions [SRE], or so-called “hardship waivers”, that HollyFrontier has received from the U.S. Environmental Protection Agency [EPA] over the last decade that reduced its biofuels blending obligation under the federal biofuels blending mandate. The biofuels coalition argued that HollyFrontier should not have received as many waivers as it did on the grounds that it did not qualify for all of them under the biofuels mandate. The federal appellate court agreed in a ruling that also found fellow refiner CVR Energy (CVI) to have also improperly received waivers. [ read more … ]

Climate

RFA’s Cooper: Ethanol Future Low Carbon

By Todd Neeley , DTN Staff Reporter  •    •  Posted February 11, 2020

With a tough year for the United States ethanol industry in the rearview mirror, the head of the Renewable Fuels Association said the future of ethanol and other biofuels will be in carbon-reduction efforts. The RFA’s President and Chief Executive Officer Geoff Cooper told an industry audience at the National Ethanol Conference in Houston on Tuesday that despite often negative profit margins, loss of market through small-refinery exemptions and weather disasters in agriculture, the industry kept its focus. [ read more … ]

Policy & Politics

Ethanol Demand To The Rescue For Corn

By Clif Droke, Seeking Alpha  •    •  Posted February 11, 2020

Corn prices are testing a multi-year low and have convinced many bulls to throw in the towel on the yellow grain. Unlike wheat, soybeans and other grains, corn prices have been under persistent selling pressure for several weeks. But just when things are looking darkest for the corn market, a new ray of hope has emerged. Increased ethanol demand is expected to give some much-needed support for corn in the very near term, which we’ll discuss in this report. [ read more … ]

U.S. ethanol woes spur new animal food focus for Green Plains -CEO

By Mark Weinraub, Reuters  •    •  Posted February 11, 2020

Green Plains Inc, one of the biggest U.S. ethanol producers, is planning to flip its business model upside down to survive a crash in prices for the corn-based fuel. The company will invest some $400 million in the next two to three years at its 13 plants to make high-protein, corn-based animal feeds its new flagship product, relegating ethanol to a low-margin byproduct. [ read more … ]

Trump sticks to past calls to slash EPA budget, DOE research spending

By Platts  •    •  Posted February 11, 2020

In his fiscal year 2021 budget request to the US Congress, President Donald Trump again called to slash spending for federal agencies overseeing the energy sector. The proposal is largely symbolic, however, with Congress ultimately responsible for drafting and passing appropriations bills to fund the federal government. And with an election coming up in November, Congress may hold off on approving spending legislation for the full 2021 fiscal year that starts in September until the outcome of that race is known. [ read more … ]

 

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