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Governors' Biofuels Coalition
NEWS UPDATE May 4, 2020

Top Story

 

Relief

Bank of North Dakota establishes ethanol loan program

By Dave Thompson, Praire Public Radio  •    •  Posted May 3, 2020

The North Dakota Industrial Commission has approved a new Bank of North Dakota loan program for ethanol plants, who have been hit hard by the drop in demand due to the coronavirus pandemic. The “Ethanol Recovery Program” will provide loans to ethanol plants at one percent interest rates. The loans would be administered through local banks, and the loans would be backed up by the Strategic Investments and Improvements Fund. It would be similar to the “PACE” fund, which is an interest rate buy-down program. [ read more … ]

Markets

ADM sees increased cardboard demand, weak ethanol use during pandemic

By P.J. Huffstutter, Reuters  •    •  Posted May 1, 2020

The coronavirus pandemic is fueling demand for cardboard boxes – a boon for global food company Archer Daniels Midland Co’s (ADM.N) industrial starches business – as consumers rush to order goods online amid widespread shutdowns, company executives said onThursday. The starches, made from corn or wheat, are used as an adhesive in making corrugated cardboard. [ read more … ]

RVO Petition

Coalition Opposes API Petition on 2020 RFS Obligations

By Ken Colombini, RFA  •    •  Posted May 3, 2020

A coalition of ethanol and farm groups today sent a letter to the Environmental Protection Agency opposing the American Petroleum Institute’s recent petition requesting reconsideration of the 2020 Renewable Fuel Standard (RFS) final rule.
[ read more … ]

Commentary

OPINION: Ethanol dominates in clean air contest

By Chris Bliley, Growth Energy  •    •  Posted May 3, 2020

Beyond the global climate, the core benefits offered by ethanol to local air quality and human health remain top of mind for regulators and scientists alike. From California to Indonesia, leaders are seeking solutions to the ongoing challenges posed by particulate emissions, ozone, and volatile organic chemicals (VOCs). According to the World Health Organization, an estimated 4.2 million premature deaths globally are linked to air pollution, marking it as one of the world’s top killers. [ read more … ]

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