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Governors' Biofuels Coalition
NEWS UPDATE October 8, 2012

RFS waiver would have little immediate impact on corn, ethanol — study

Amanda Peterka, E&E reporter  •    •  Posted October 8, 2012

A one-year waiver of the corn ethanol requirements in the renewable fuel standard will not have much impact on corn prices or corn use for ethanol this year, according to a new study by a Missouri research institute. Such a waiver has been requested by several livestock-state governors and could have a larger effect in the following year, reducing corn use for ethanol by 6.6 percent and corn prices by 3 percent, the study found. This year, though, ethanol use would drop 1.3 percent and corn prices by 0.5 percent with a waiver. [ read more … ]

Neb. sits in the oven of the drought

Tiffany Stecker, E&E reporter  •    •  Posted October 8, 2012

Three-quarters of Nebraska is in a state of exceptional drought, the most drastic level on the U.S. Drought Monitor scale, according to this week’s report. That’s the greatest extent in the D4 category — the designation for exceptional drought — that the state has ever seen, said Mark Svoboda, a climatologist with the National Drought Mitigation Center and co-author of this week’s Drought Monitor. Svoboda happens to be based in the middle of it, at the University of Nebraska, Lincoln. [ read more … ]

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