Please add the Governors' Biofuels Coalition to your address book for uninterrupted delivery
View this email in a web browser.
Governors' Biofuels Coalition
NEWS UPDATE May 12, 2020

Top Story

U.S. Lawmakers Include Biofuels Aid in Latest Proposed Relief Bill

By Stephanie Kelly, Reuters  •    •  Posted May 13, 2020

U.S. lawmakers on Tuesday introduced a relief bill that would include aid to biofuel producers after demand for the fuel plummeted because of the coronavirus pandemic, causing mass shutdowns in the industry. The bill, introduced by House Democrats, would reimburse producers that suffered unexpected market losses because of the pandemic from January 1 through May 1. It is not clear whether the bill as proposed will be passed into law. [ read more … ]

Relief

Biofuel Groups Ask Congress for Relief

By  Todd Neeley, DTN Staff Reporter  •    •  Posted May 13, 2020

With the United States biofuels industry on the ropes, agriculture and ethanol industry groups are asking Congressional leaders to include biofuels in any future COVID-19 relief package. Since the economic shutdown, about 130 ethanol plants have either fully or partially idled operations in response to falling demand for gasoline. [ read more … ]

Bill Would Give Ethanol Producers Millions in COVID-19 Relief

By Todd Neeley, DTN Reporter  •    •  Posted May 13, 2020

Biofuels producers would receive 45 cents per gallon for fuels produced between Jan. 1 and May 1, 2020, as part of a COVID-19 relief bill put forward by Democrats in the U.S. House of Representatives on Tuesday. Based on the generation of renewable identification numbers, or RINs, during the Jan. 1 to May 1 period, about 675 million gallons of ethanol were produced. That means the biofuels industry would receive about $303.8 million in relief. [ read more … ]

RFA, Other U.S. Farm & Biofuel Leaders Ask Congress for COVID-19 Relief

By Ken Colombini, RFA  •    •  Posted May 12, 2020

“The situation we face is dire,” wrote biofuel and farm advocates. “More than 130 biofuel plants have already partially or fully shut down as motor fuel demand plunged to 50-year lows. America’s biofuel plants purchase annually more than one-third of U.S. corn and U.S. soybean oil, and the loss of those markets has depressed farm income and will continue to push corn and soybean prices down dramatically. The damage has rippled across the entire agricultural supply chain.” [ read more … ]

Hoyer backs oil purchases as Dems release COVID-19 bill

By George Cahlink, E&E News reporter  •    •  Posted May 12, 2020

House Majority Leader Steny Hoyer broke with environmental advocates and many members of his own party today by backing a plan to fill to capacity the nation’s Strategic Petroleum Reserve. Hoyer’s comments came this morning as Democrats were preparing to release a new $3 trillion pandemic response legislation, H.R. 6800, which could see a vote Friday. [ read more … ]

Pandemic

Biofuel groups bash adviser over dismissal of virus study

By Sean Reilly, E&E News reporter  •    •  Posted May 12, 2020

A host of farm and biofuel groups are assailing the chairman of an EPA advisory committee over his dismissal of a Harvard University study that tentatively linked long-term soot exposure and higher death rates from COVID-19. They also suggest that the role of gasoline-related emissions in potentially helping to spread the disease needs closer examination. [ read more … ]

Ethanol Groups Defend PM-Coronavirus Research, Fault EPA Policy

By Inside EPA  •    •  Posted May 12, 2020

Ethanol groups are attacking efforts by EPA and a top air policy adviser to downplay a recent Harvard University study linking high air pollution to increased deaths from COVID-19, while also accusing the agency of “broken promises” to the ethanol sector. The arguments surface in a May 8 letter from the Renewable Fuels Association, Clean Fuels Development Coalition and farming groups that also urges Administrator Andrew Wheeler to take a fresh look at regulating emissions from gasoline, based on claims that such emissions could help exacerbate aerosol transmission of the virus. [ read more … ]

Drivers emerge from lockdown, hinting at higher emissions

By Benjamin Storrow, E&E News reporter  •    •  Posted May 12, 2020

Greenhouse gas emissions plunged with free-falling oil demand in April as much of the world sheltered in place to contain the novel coronavirus. The purchase of about 30 million barrels a day, or roughly a third of global oil demand, abruptly halted. Signs are now emerging that the industry has begun to recover. U.S. refiners increased shipments of gasoline last week, as motorists in cities like Houston and Charlotte, N.C., returned to the road in numbers not seen since January. [ read more … ]

Trade

China Trade Expert Says U.S. Farm Deal Hinges on Tensions Easing

By Bloomberg News  •    •  Posted May 13, 2020

China is still willing to meet its American farm purchase commitments as long as the U.S. creates a friendly atmosphere for more imports to take place, a Chinese agricultural expert said on Wednesday. A slump in U.S. corn prices to a decade low was a good chance for China to buy millions of tons of the grain, but the world’s second-largest consumer held back on purchases because relations between the two nations have soured, said Li Qiang, chief analyst with Shanghai JC Intelligence Co. [ read more … ]

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