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Governors' Biofuels Coalition
NEWS UPDATE December 14, 2020

Top Story

Full $908 Billion Pandemic Bill Coming Monday, Democrat Says

By Tony Czuczka, Bloomberg  •    •  Posted December 13, 2020

A bipartisan group of lawmakers will unveil a $908 billion coronavirus pandemic relief bill on Monday, although there’s “no guarantee” Congress will pass it, one of the key negotiators said. “We were on a call all day yesterday, we’ll get on a call again this afternoon to finish things up,” Senator Joe Manchin, a West Virginia Democrat, said on “Fox News Sunday.” “We’ll have a bill produced for the American people tomorrow, $908 billion.” Democratic and Republican lawmakers engaged in the talks have said they completed detailed proposals on small business help, vaccine-distribution funding and other key areas. The sticking point is how to shield employers from virus-related lawsuits, a top demand of Senate Majority Leader Mitch McConnell. [ read more … ]

Congress Stalemate on Covid Liability Adds to Doubts on Relief

By Laura Litvan and Erik Wasson, Bloomberg  •    •  Posted December 13, 2020

While Republicans and Democrats have coalesced around a $900 billion figure for a stimulus package, there’s some risk that the partisan disputes over the two holdup issues could blow up a deal. However, top congressional leaders say a stimulus package remains a top priority before lawmakers leave for the year-end break. McConnell on Friday again advocated for dropping the state aid and the liability provisions and proceeding with a smaller bill covering vast areas of consensus. Those include money for distributing vaccines, funding to enable schools to reopen and another round of help for small businesses under the Paycheck Protection Program. [ read more … ]

Ethanol Industry Needs Support, as COVID-19 Losses Near $4 Billion

By Ken Colombini, RFA  •    •  Posted December 13, 2020

With COVID-19 cases on the rise again, state and local governments are taking additional actions to limit travel and promote social distancing. In turn, consumption of ethanol-blended gasoline is rapidly falling again, threatening to derail an already tenuous economic recovery in the ethanol industry. Through November, U.S. ethanol producers had already lost $3.8 billion since the start of the pandemic. In response to reduced travel and lower fuel demand, ethanol producers slashed production by 2 billion gallons between March and November, and cuts are expected to continue for months to come. [ read more … ]

Markets

China to sell 80 million internal combustion engines a year in next five years

By Yilei Sun and Brenda Goh, Reuters  •    •  Posted December 13, 2020

China is expected to sell 80 million internal combustion engines annually in the next five years, in line with previous years, an engine industry association said on Thursday, amid a broader industry transformation toward electrification. Internal combustion engines still dominate China’s auto industry and are also used in motorcycles, agricultural machinery, ships and power generators, according to the China Internal Combustion Engine Industry Association (CICEIA). [ read more … ]

Brazil tariff-free ethanol imports to expire as U.S talks break down – source

By Rodrigo Viga Gaier and Roberto Samora, Reuters  •    •  Posted December 13, 2020

Brazil’s tariff-free ethanol import quota with the United States will end on Monday as talks between the two countries on opening up their ethanol and sugar markets have broken down, a Brazilian government source told Reuters on Friday. This means tariffs on U.S. ethanol imports will go back to 20%, the rate imposed by Mercosur on imports from outside the bloc, said the source who requested anonymity because he is not authorized to speak to the press. [ read more … ]

Is Exxon a Survivor?’ The Oil Giant Is at a Crossroads.

By Clifford Krauss, New York Times  •    •  Posted December 13, 2020

Over the last 135 years, Exxon Mobil has survived hostile governments, ill-fated investments and the catastrophic Exxon Valdez oil spill. Through it all, the oil company made bundles of money. But suddenly Exxon is slipping badly, its long latent vulnerabilities exposed by the coronavirus pandemic and technological shifts that promise to transform the energy world because of growing concerns about climate change. [ read more … ]

CARB

100% clean electricity: Can Iowa’s capital make history?

By Jeffrey Tomich, E&E News reporter  •    •  Posted December 13, 2020

Nine states, more than 150 cities and hundreds of companies of all sizes have adopted 100% clean energy goals, with the most ambitious striving to meet those targets by the end of the decade.
Then there’s Des Moines, Iowa. The city of 216,000 isn’t yet part of the 100% club, but the City Council is weighing adoption of a resolution that would see it run on carbon-free energy around the clock by 2030. [ read more … ]

Renewable Energy

100% clean electricity: Can Iowa’s capital make history?

By Jeffrey Tomich, E&E News reporter  •    •  Posted December 13, 2020

Nine states, more than 150 cities and hundreds of companies of all sizes have adopted 100% clean energy goals, with the most ambitious striving to meet those targets by the end of the decade.
Then there’s Des Moines, Iowa. The city of 216,000 isn’t yet part of the 100% club, but the City Council is weighing adoption of a resolution that would see it run on carbon-free energy around the clock by 2030. [ read more … ]

EVs

The Car I’m Most Excited to Drive in 2021 Could Change Everything

By Hannah Elliott, Bloomberg  •    •  Posted December 13, 2020

Even the pandemic didn’t stop automakers from unveiling cars in 2020. From the achingly beautiful Ferrari Roma to the electric Polestar 2, and from the Mercedes-Maybach GLS to three track-worthy wagons, the new products provided some optimism about the future of driving while many other diversions (concerts, shopping, travel) stalled. But that’s old news. What I’m really looking forward to driving in 2021 is not a car at all. It’s a truck: the Rivian R1T.
[ read more … ]

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