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 September 10, 2020

Top Story

Emissions Are Already Heading Back to Pre-Pandemic Levels

By Laura Millan Lombrana and Akshat Rathi, Bloomberg  •    •  Posted September 9, 2020

Carbon emissions are on the rise again after a short blip when the pandemic brought entire industries and international travel to a halt.  Emissions from burning fossil fuel dropped by an unprecedented 17% from the previous year during the peak of the lockdown in April, but by early June they had mainly returned to about 5% below 2019 levels, according to United in Science 2020, a report published on Wednesday coordinated by the World Meteorological Organization. [ read more … ]

Relief Legislation

Senate Coronavirus Bill to Include More Direct Aid for Farmers

By Jerry Hagstrom, DTN Reporter  •    •  Posted September 10, 2020

The coronavirus aid bill that Senate Majority Leader Mitch McConnell, R-Ky., introduced Tuesday will include $20 billion in additional aid for farmers and others in agriculture. The Senate is expected to vote on the bill soon, perhaps this week, but it does not have much chance of becoming law unless the Republican-controlled Senate reaches agreement with the Democratic-controlled House and President Donald Trump agrees to sign the legislation.
[ read more … ]

SREs

Trump EPA May Reject Refiner Waivers

By Todd Neeley , DTN Staff Reporter  •    •  Posted September 10, 2020

President Donald Trump reportedly has ordered the EPA to reject 67 so-called gap-year small-refinery exemption requests weeks after Trump said he would speak directly to the agency.
In addition to a report by Reuters on Wednesday morning, one industry source told DTN on background Trump gave the agency marching orders. EPA did not respond to DTN’s request for comment. [ read more … ]

Trump Courts Iowa Corn Belt With Plan to Reject Biofuel Waivers

By Jennifer A Dlouhy and Kim Chipman, Bloomberg  •    •  Posted September 9, 2020

Trump administration officials have told ethanol advocates the government will reject requests by refineries to be waived from renewable fuel-usage requirements — a bid to reinforce the president’s support in key swing states of Iowa, Wisconsin and Minnesota. The Environmental Protection Agency could reject as many as 67 of those retroactive waiver requests as soon as this week, according to four people familiar with the matter who asked not to be named prior to an announcement. [ read more … ]

Refiners ask high court to review biofuel ruling

By Law360  •    •  Posted September 9, 2020

A pair of refiners has asked the U. S. Supreme Court to review the Tenth Circuit’s decision to rescind U. S. Environmental Protection Agency exemptions that temporarily relieved them from having to blend renewable fuels into their products at three refineries. [ read more … ]

RFS update

BY KELSEY TAMBORRINO, Politico  •    •  Posted September 9, 2020

A Justice Department official confirmed that the administration has not asked the Supreme Court to review a 10th Circuit Court of Appeals decision that voided three refinery exemptions from the Renewable Fuel Standard.   In doing so, the administration signals it stands with farmers when it comes to the legality of the 10th Circuit’s January opinion. However, the agency still faces decisions on dozens of petitions for exemptions dating back to 2012. [ read more … ]

Markets

Oil slides as summer’s end heralds drop in demand

By Mike Lee, E&E News reporter  •    •  Posted September 9, 2020

A summer’s worth of lackluster news caught up with the oil market, sending the price of U.S. crude tumbling. Oil prices had clawed their way back on hopes that the coronavirus pandemic was beginning to wane and boost the broader economy. But the end of the summer driving season is expected to push gasoline demand down again, and the U.S. is bracing for a new round of infections as people ignored social distancing during the Labor Day holiday weekend, according to the data firm Rystad Energy. [ read more … ]

Trade barriers and covid-19 cause ethanol exports to slump

By Rhiannon Branch, Brownfields  •    •  Posted September 9, 2020

July ethanol exports were the lowest in six years as the industry battles trade barriers while recovering from COVID-19.   US ethanol exports in July fell 38% to 74 million gallons compared to July of 2019. Year-to-date ethanol exports have dropped 9% compared to the same period last year and 22% compared to 2018. [ read more … ]

Ethanol industry faces multiple issues as harvest just around corner

By Lori Potter, Kearney Hub  •    •  Posted September 9, 2020

The pandemic isn’t the only issue limiting 2020 market demand for KAAPA Ethanol and other processors. There are tariff and other trade issues that make U.S. ethanol less competitive in export markets. Also, industry leaders continue to wait for Environmental Protection Agency officials to rule on a growing number of applications from small fuel refineries seeking waivers to Renewable Fuels Standard ethanol blending requirements. [ read more … ]

Campaign 2020

Ag and Rural Issues Raised

By Chris Clayton, DTN Ag Policy Editor  •    •  Posted September 9, 2020

Responding to questions from the American Farm Bureau Federation, President Donald Trump’s campaign points to the administration’s support for farmers and agriculture in regulations, trade and labor, while former Vice President Joe Biden’s campaign counters a Biden presidency would repair some of the trade relations that have affected agriculture the past 3-plus years. [ read more … ]

Trump the environmentalist? ‘No. 1 since Teddy Roosevelt.’

By Scott Waldman, E&E News reporter  •    •  Posted September 9, 2020

President Trump proclaimed himself “the great environmentalist” in Florida yesterday as he was flanked by two former energy lobbyists whom he has tasked with rolling back environmental and climate protections. Trump traveled to the key swing state to announce that Florida, along with South Carolina and Georgia, would be exempt from offshore oil and gas drilling. He was joined by EPA Administrator Andrew Wheeler and Interior Secretary David Bernhardt. [ read more … ]

US elections: Biden win could lead to surge in Iranian oil exports by 2022

By Meghan Gordon, Claudia Carpenter and Aresu Eqbali in Tehran, S&P Global  •    •  Posted September 9, 2020

Iran sanctions relief under a change in US president represents the biggest supply and price impact for global oil markets heading into the November election, with analysts expecting a Biden White House to quickly return to the negotiating table with Tehran. S&P Global Platts Analytics predicts 1.5 million b/d of Iranian exports could return to the market within a year of a new deal that removes US oil sanctions. [ read more … ]

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