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Governors' Biofuels Coalition
NEWS UPDATE March 16, 2020

Top Story

Gasoline becomes more affordable, just when Americans don’t need it

By Stephanie Kelly and Jessica Resnick-Ault, Reuters  •    •  Posted March 15, 2020

As cases steadily grow across the United States, Americans are cancelling road trips, running fewer errands and finding they do not have to drop their children off at school following widespread closings. The reasons for the sharp fall in prices are not just due to the coronavirus. A week ago, an oil price war erupted between Saudi Arabia and Russia after those nations were unable to come to a deal to cut supplies in response to the anticipated drop in demand due to the virus. [ read more … ]

For Richer or Poorer: Coronavirus, Cheap Oil Test Climate Vows

By Stephanie Ulmer-Nebehay, Reuters  •    •  Posted March 15, 2020

Climate change commitments by banks, pension funds and asset managers face their first major test as markets reel from the twin shocks of coronavirus and a sliding oil price. The challenge looks formidable. When the 2008 financial crisis tipped the world into recession, carbon emissions fell. But as economies grew again, governments proved unable to halt an emissions rebound. [ read more … ]

Commentary

Coronavirus crisis opens new paths toward clean energy

By Daniel Cohan, The Hill  •    •  Posted March 15, 2020

When Rahm Emanuel famously advised not to let another “crisis go to waste,” he lamented that the oil crises of the 1970s came and went without solving our energy woes. As the incoming chief of staff amid the 2008 financial crisis, Emanuel foresaw “an opportunity to do things that you think you could not do before” in clean energy and beyond. That crisis too passed with too little accomplished. [ read more … ]

Climate

Judge strikes down Trump’s cap-and-trade challenge

By Jennifer Hijazi, E&E News reporter  •    •  Posted March 15, 2020

A federal judge in California ruled yesterday that the state’s cap-and-trade agreement with Quebec does not run afoul of constitutional rules on foreign treaties. Senior Judge William Shubb for the U.S. District Court for the Eastern District of California shot down two claims that the Trump administration raised challenging the constitutionality of a deal between the Golden State and the Canadian province to create a cross-border carbon market.
[ read more … ]

RFS

Ernst grills EPA nominee on RFS waivers

By KMAland  •    •  Posted March 15, 2020

Iowa Senator Joni Ernst says farmers and producers are tired of being yanked around by the Environmental Protection Agency. Ernst participated in a confirmation hearing for Doug Benevento to be deputy administrator of the EPA Wednesday. Recently, the EPA indicated it will appeal a court ruling by the 10th Circuit Court of Appeals that sided with the biofuels industry. The court ruled that some of the waivers granted by the EPA to let small oil refineries not blend ethanol into gasoline were illegal. [ read more … ]

The Biofuel Requirement Of American Gasoline Hits A Roadblock

By Dan Charles, All Things Considered  •    •  Posted March 15, 2020

Today, almost 15 billion gallons of ethanol gets mixed into gasoline every year. Tens of millions of acres of farmland are devoted to growing the corn to make it. But that growth has now stalled, and people are fighting over how this law should be enforced. You see, the RFS, as it’s written, says gasoline companies should be using even more biofuel by now, at least 50% more. But the Environmental Protection Agency hasn’t forced them to, partly because biofuels have run into technical obstacles.
[ read more … ]

2020

Biden links action on climate, infectious disease

By Timothy Cama, E&E News reporter  •    •  Posted March 15, 2020

Former Vice President Joe Biden drew a connection yesterday between his argument for more aggressive action on climate change and fighting infectious diseases. The connection was part of the Democratic presidential candidate’s plan to fight the new coronavirus. While the pandemic is unlikely to be active if Biden takes office as president in January 2021, he offered the plan both as advice to the Trump administration and as a preview of how he’d handle future disease outbreaks. [ read more … ]

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