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Governors' Biofuels Coalition
NEWS UPDATE February 13, 2020

Top Story

From Wind Power to Cow Manure: Oil Traders Seek New Profit Recipe

By Julia Payne, Reuters  •    •  Posted February 12, 2020

The world’s largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects – including wind farms, cow manure plants and blue hydrogen – as they seek to match the profits they make from trading oil. The energy industry as a whole faces an existential threat from the shift to a lower carbon future and faces growing pressure from investors, governments, activists and financiers to find a sustainable business model. [ read more … ]

Policy & Politics

A Rare Trump-Era Climate Policy Hits an Obstacle: The Tax Man

By Brad Plumer, New York Times  •    •  Posted February 12, 2020

A rare policy enacted under President Trump to address climate change has run into an unexpected hurdle: the tax man. In 2018, Congress approved a lucrative tax break for companies that use carbon capture technology to trap carbon dioxide produced by industrial sites before the gas escapes into the atmosphere and heats the planet. The technology is still costly and contentious, but may one day become a valuable tool for slowing global warming. House Republicans are aiming to expand support for carbon capture as part of a broader package of climate bills, the first of which is expected Wednesday. [ read more … ]

Conservationists decry Environmental Trust board’s decision to increase grant money for ethanol firm

  •    •  Posted February 12, 2020

Conservationists are up in arms over a decision that calls for directing an extra $1.8 million in grant money to a private company for ethanol pumps at the expense of projects to preserve saline wetlands, duck marshes and a Pine Ridge ranch that features a trout stream. The Nebraska Environmental Trust board, which distributes grants from state lottery money, voted 7-2 with two abstentions last week to override the recommendations of its own grant review committee. [ read more … ]

POET plans to add rail spur as production expands

By Charles Dunlap, The Mexico Ledger  •    •  Posted February 12, 2020

POET’s expenses are partially matched by a Freight Enhancement Grant through the Missouri Department of Transportation to construct a small secondary railroad branch, known as a spur, to decrease the amount of the flammable fuel that is shipped on the highways. Bids were opened Feb. 5 and winners are to be announced. The spur will be built along the south side of the Laddonia plant, parallel to existing lines, to handle the increased volume of gallons being sent out of state, such as California.
[ read more … ]

2020

Climate concerns help boost Sanders and Buttigieg in New Hampshire primary

By Dino Grandoni, Washington Post  •    •  Posted February 12, 2020

Voters in the Granite State just cemented climate change as a major election issue — one that just helped vault both Bernie Sanders and Pete Buttigieg to the top of the race for the Democratic nomination. One in 4 people who voted in the Democratic primary in New Hampshire on Tuesday said that climate change was the issue that mattered most to them, according to network exit poll results. [ read more … ]

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