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Governors' Biofuels Coalition
NEWS UPDATE July 17, 2020

Top Story

EPA Adds Six Additional Requests for Small-Refinery Exemptions to Dashboard

By Todd Neeley, DTN Staff Reporter  •    •  Posted July 16, 2020

The EPA on Thursday posted six additional pending requests for retroactive small-refinery exemptions to the Renewable Fuel Standard to the agency dashboard, bringing the grand total to 58 such requests for waivers for compliance years 2011 through 2018. The agency now lists seven pending requests each for 2011 and 2012, 11 each for 2013 and 2015, 12 in 2014, eight in 2016 and two in 2018, in addition there are 27 listed for 2019 and one for 2020. [ read more … ]

Retroactive SRE Applications

Minnesota Senator pushing hard to stop “gap-year” RFS waivers

By Mark Dorenkamp, Brownfield News  •    •  Posted July 16, 2020

A member of the Senate Ag Committee says she’s pushing hard in a bipartisan way to make sure more than 50 so-called “gap year” small refinery exemption requests get denied. Minnesota Democrat Tina Smith tells Brownfield the oil refineries behind these petitions are not living up to their legal obligation under the RFS. [ read more … ]

Relief

Ethanol Industry’s COVID-Related Economic Losses Already Top $3.4 Billion, Could Reach Nearly $9 Billion by 2021

By Ken Colombini, RFA  •    •  Posted July 16, 2020

The COVID-19 crisis has already led to more than $3.4 billion in lost revenues for the U.S. ethanol industry, according to an economic analysis released today by the Renewable Fuels Association. Based on the latest projections from the Energy Information Administration and the Food and Agriculture Policy Research Institute, the RFA study also found that pandemic-related damages in 2020 and 2021 could reach nearly $9 billion. [ read more … ]

Pandemic

Work-From-Home Culture Will Cut Billions of Miles of Driving

By Keith Naughton, Bloomberg  •    •  Posted July 16, 2020

Working from home and online shopping have become the new normal and that will reduce driving in the U.S. by up to 270 billion miles a year, according to new study. The research conducted by consultant KPMG International finds the cocoon culture Covid-19 has created is not going away — even if a vaccine is made widely available — and that will have potentially dire consequences for the auto industry. For starters, the decline in commuting will remove 14 million cars from U.S. roads, the KPMG study forecasts. [ read more … ]

Ethanol producer says industry’s post-COVID outlook is improving, but not profitable

By Larry Lee, Brownfield News  •    •  Posted July 16, 2020

An ethanol producer says the early days of coronavirus brought financial losses that unrivaled anything since the beginning of the industry. Erik Huschitt is the CEO and General Manager at Badger State Ethanol and serves as the President of the Wisconsin Biofuels Association board. He says, “It wasn’t uncommon for an ethanol plant to be hemorrhaging millions of dollars a month at that time.” [ read more … ]

Market

Green Plains to Further Increase FCC and USP Grade Alcohol Capacity

By GLOBE NEWSWIRE  •    •  Posted July 17, 2020

Green Plains Inc. (NASDAQ:GPRE) today announced its subsidiary, Green Plains Wood River LLC has installed a separate 25 million gallon facility engineered and constructed by ICM, Inc. to produce FCC Grade alcohol for domestic and export markets and expects to upgrade the production process to produce USP Grade alcohol over the next four to six months. [ read more … ]

EIA: Weekly ethanol production up 2%, stocks down slightly

By Ethanol Producer Magazine  •    •  Posted July 16, 2020

U.S. ethanol production was up nearly 2 percent for the week ending July 10, while weekly ending stocks of fuel ethanol were down slightly, according to data released by the U.S. Energy Information Administration on July 15. [ read more … ]

Campaign 2020

The oil lobby is already finding fault with Biden’s new climate plan

By Dino Grandoni with Paulina Firozi, Washington Post  •    •  Posted July 16, 2020

The oil and gas sector is not thrilled with several parts of Joe Biden’s new climate plan. Petroleum industry representatives are arguing the former vice president’s plan to mandate a transition from gas-fired power to renewables will hasten the ongoing decline of union jobs and add to the strife the industry is already feeling due to the coronavirus pandemic. [ read more … ]

Biofuel groups weigh in on Biden’s clean energy plan

By Erin Voegele, Biomass Magazine  •    •  Posted July 16, 2020

Presumptive democratic presidential nominee and former Vice President Joe Biden on July 14 released a proposal for rebuilding the economy that focuses on establishing American leadership in the clean energy industry. As part of the plan, Biden aims for the U.S. to achieve a 100 percent clean energy economy and reach a goal of net-zero emissions by 2050. The plan includes a proposal to make $1.7 trillion in federal investments over the next 10 years, leveraging additional private sector and state and local investments to total more than $5 trillion. [ read more … ]

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