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Governors' Biofuels Coalition
NEWS UPDATE November 2, 2020

Top Story

Ethanol Looks Beyond Trump-Biden Bluster to Biofuel Reset

By Kim Chipman and Jennifer A Dlouhy, Bloomberg  •    •  Posted November 1, 2020

Donald Trump and Joe Biden are scrambling to secure Farm Belt victories with sweeping promises to protect corn-based ethanol’s place in the U.S. fuel mix. The industry has reasons to be wary of both presidential candidates. The winner will oversee a “reset” of the congressional mandate to blend biofuels with gasoline. This new phase of the Renewable Fuel Standard, created in 2005 to curb oil consumption and greenhouse gases, could determine ethanol’s role alongside oil in a low-carbon energy economy. [ read more … ]

Markets

U.S., Brazil see room for global ethanol growth before transition to EVs

By Marcelo Teixeira, Reuters  •    •  Posted November 1, 2020

The United States and Brazil, the two leading ethanol producers, see potential for a large increase in global use of the biofuel as an outright way to cut carbon emissions while the world transitions to all-electric cars, according to industry representatives this week. “There is a lot of hope (to cut emissions) related to electric vehicles, but the current fleet will still be around for a long time,” said Brian Healy, director for ethanol market development at the U.S. Grains Council, adding that biofuel blending in combustion engine cars is the quickest way to improve air quality.
[ read more … ]

ADM dry mills in Iowa and Nebraska to remain idle this winter

By Erin Voegele, Ethanol Producer Magazine  •    •  Posted November 1, 2020

ADM released third quarter financial results on Oct. 29, reporting improved results for its ethanol operations. The company, however, said its dry mill ethanol plants in Cedar Rapids, Iowa, and Columbus, Nebraska, will likely remain idle through the winter. ADM announced plans to idle the two facilities in April due to the impacts of the COVID-19 pandemic. During the company’s third quarter earnings call, held Oct. 30, Ray Young, executive vice president and chief financial officer of ADM, explained that driving miles and fuel demand typically fall in the winter. [ read more … ]

N.J. refinery is latest casualty of fuel demand collapse

By Barbara Powell, Bloomberg  •    •  Posted November 1, 2020

PBF Energy Inc.’s Paulsboro refinery in New Jersey has became the latest oil processing facility to fall victim to a COVID-19-driven collapse in fuel demand, announcing plans to idle operations for the foreseeable future. The company plans to lay off 250 employees at the 160,000-barrel-a-day plant and halt fuel production as a result of low demand, according to a letter to employees seen by Bloomberg. Paulsboro will continue its lubricant and asphalt operations, the letter said. [ read more … ]

Campaign 2020

Biden farms for crucial votes in Trump Country

By P.J. Huffstutter and Karl Plume in Chicago and Stephanie Kelly in New York, Reuters  •    •  Posted November 1, 2020

By planting a sign in early October supporting Joe Biden on a country road near her Minnesota dairy farm, Meg Stuedemann initially stood out from her neighbors. The 54-year-old, who runs Derrydale Farm in Belle Plaine with her husband, supports the former vice president, a Democrat, for president because of his pledges to combat climate change and promote renewable energy. [ read more … ]

Biden, Trump refine climate messages in final push

By Thomas Frank, E&E News reporter  •    •  Posted November 1, 2020

Democratic presidential nominee Joe Biden is varying his message on climate change in the final days of the presidential campaign as he faces heavy attacks from President Trump over Biden’s vow to “transition from the oil industry.” A new Trump ad says Biden will “end fracking,” and Trump told a recent campaign rally in Florida that Biden’s energy plan “would mean America’s seniors have no air conditioning during the summer, no heat during the winter and no electricity during peak hours.”
[ read more … ]

Make Science Great Again: U.S. researchers dream of life after Trump

By Sharon Bernstein in Sacramento, California, and Valerie Volcovici in Washington, D.C, Reuters  •    •  Posted November 1, 2020

From his lab in Toulouse, France, Benjamin Sanderson models the range of extreme risks to humans from climate change, research he hopes can inform policymakers planning for worsening wildfires and floods. It is the kind of work he once performed in the United States – and hopes to again soon. Sanderson is among dozens of U.S.-based climate scientists who shifted their research to France, or sought refuge in academia or in left-leaning states like California after Republican Donald Trump was elected in 2016. They worried his administration’s distrust of science would impact their ability to finance and advance their work. [ read more … ]

E15

Expanded E15 sales have helped, but ethanol backers say roadblocks still remain

By Chris Dunker, Lincoln Journal  •    •  Posted November 2, 2020

In lifting a restriction on the sale of E15 during summer months, corn growers and ethanol producers praised President Donald Trump for removing a major roadblock to expanding sale of the 15% ethanol blend. Trump touted the rule change in June 2019 at an event at Southwest Iowa Renewable Energy near Council Bluffs, saying it showed he kept a promise to fight on behalf of American farmers. The change has helped corn farmers, ethanol production facilities, and retailers, said Roger Breed, administrator of the Nebraska Ethanol Board. [ read more … ]

EVs

When One Car Has More Horsepower Than Churchill Downs

By Lawrence Ulrich, New York Times  •    •  Posted November 1, 2020

Plenty of luxury sedans, S.U.V.s and sports cars bring 400 to 600 horsepower. Muscle cars have swelled to button-popping heights; the Dodge Demon feels true to its name with 808 horses. Welcome to the next front in the horsepower war, whose battles have raged since the dawn of the automobile, pausing only for actual wars, fuel crises or bids to rein in pollution. If gasoline-fueled provocations aren’t enough, electric cars are smashing the 1,000-horsepower barrier. [ read more … ]

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