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Governors' Biofuels Coalition
NEWS UPDATE February 17, 2021

Top Story

Governors Pushing Higher Biofuel Blends in Iowa and Minnesota

By Chris Clayton, DTN Ag Policy Editor  •    •  Posted February 16, 2021

In Minnesota, Democratic Gov. Tim Walz is pushing legislation in his state that would increase the minimum biofuels content in gasoline to 15%. The bill will go before the state’s Senate Agriculture Committee this week, according to multiple TV and radio reports from Minnesota. Walz, as chair of the Governors’ Biofuels Coalition, also sent a letter to President Joe Biden asking his administration to consider some executive orders that would spur more biofuel use. One proposal would be to tighten the Clean Air Act by replacing aromatics in gasoline with cleaner alternatives. That would force a shift to higher octane ethanol. [ read more … ]

Biofuel Initiatives

Governor’s Biofuels Chair Asks President for Support

By WNAX  •    •  Posted February 16, 2021

The Governor’s Biofuels Coalition is asking President Joe Biden to ensure the future of the biofuels sector. Coalition Chair and Minnesota Governor Tim Walz says the biofuels industry is now in jeopardy and threatened by trade wars, a litigious petroleum industry and shrinking demand caused by the pandemic. Minnesota Biofuels Association Executive Director Tim Rudnicki says Governor Walz is reminding the President of how renewable fuels benefit the environment as well as the economy.
[ read more … ]

Iowa biofuel standard would create jobs, grow economy

By Erin Voegele, Ethanol Producer Magazine  •    •  Posted February 16, 2021

Legislation recently introduced in Iowa that aims to establish a state biofuels standard would create more than 3,500 new jobs and generate nearly $550 million in household income by 2026, according to a study released by the Iowa Renewable Fuels Association on Feb. 15. It will also add more than $450 million to Iowa’s GDP, which in turn generates approximately $182 million in new state and local tax revenue by 2026. [ read more … ]

Markets

Exports a Bright Spot in the Ethanol Picture

By Cindy Zimmerman, AgWired  •    •  Posted February 16, 2021

According to the reports, more than 1.334 billion gallons, or about 10 percent of the ethanol produced in the United States, were exported in 2020 to 90 countries on six continents. While this is 9 percent lower than 2019, it remains the fourth largest export volume in history. Distillers grains exports totaled 10.958 million metric tons in 2020, a slight improvement on 2019 and the seventh straight year these exports exceeded 10 million metric tons. A record high share of total U.S. distillers grains production, 38 percent, was exported in 2020. [ read more … ]

Study: Despite Pandemic, Ethanol Industry Generated $35 Billion in GDP, Supported Over 300,000 Jobs in 2020

By Ken Colombini, RFA  •    •  Posted February 16, 2021

“Despite the disruptive effects of the COVID pandemic, economic and regulatory challenges in 2020, the ethanol industry continued to make a significant contribution to the economy in terms of job creation, generation of tax revenue, and displacement of crude oil and petroleum products,” Urbanchuk writes. “The importance of the ethanol industry to agriculture and rural economies is particularly notable.”
[ read more … ]

EIA predicts gradual increase in biofuel use through 2050

By Erin Voegele, Ethanol, Producer Magazine  •    •  Posted February 16, 2021

The U.S. Energy Information Administration released its Annual Energy Outlook 2021 (AEO2021) on Feb. 3, predicting that the consumption of biofuels as a share of the domestic fuel mix will gradually increase through 2050. Although the COVID-19 pandemic affected demand for all liquid fuels last year, the EIA notes that biofuel consumption has not decreased as much as petroleum-based fuels. AEO2021’s reference case, which represents the EIA’s best assessment of how energy markets will operate through 2050, predicts that biofuels consumption will return to 2019 levels in 2021, slightly faster than petroleum-based transportation fuels. As a result, biofuels will account for an increasing share of the domestic fuel mix. [ read more … ]

Commentary

Biofuels plan sets up Iowa as a national leader during energy industry transformation

By Grant Kimberley, Des Moines Register  •    •  Posted February 16, 2021

Gov. Kim Reynolds has shown foresight in putting Iowa on that economic path, most recently introducing legislation that would set a minimum biofuels standard in the state and encourage higher blends. For biodiesel, this would mean most Iowa diesel would contain at least 11% (B11) during warmer months beginning in April of 2022, and 20% (B20) during warmer months, starting in 2024, much as Minnesota does. Missouri and Illinois have proposed similar legislation. The time is right for this evolution in our energy values, and for Iowa to lead by example.   [ read more … ]

Why Won’t Joe Biden Let Ethanol Die Already?

By Tom Philpott, Mother Jones  •    •  Posted February 16, 2021

President Joe Biden campaigned on an ambitious plan to tackle climate change with a “clean energy revolution,” including incentives to phase out gas-powered cars in favor of electric ones. The growing consensus among climate experts is that to slash carbon emissions quickly enough, we need to eliminate as much air-fouling combustion as possible while expanding wind and solar energy to power the grid. [ read more … ]

EVs

The Auto Industry Bets Its Future on Batteries

By Jack Ewing and Ivan Penn, New York Times  •    •  Posted February 16, 2021

As automakers like General Motors, Volkswagen and Ford Motor make bold promises about transitioning to an electrified, emission-free future, one thing is becoming obvious: They will need a lot of batteries. Demand for this indispensable component already outstrips supply, prompting a global gold rush that has investors, established companies and start-ups racing to develop the technology and build the factories needed to churn out millions of electric cars. [ read more … ]

GM’s Chevy Bolt SUV joins parade of new US electric vehicles

By Associated Press  •    •  Posted February 16, 2021

Whether people want them or not, automakers are rolling out new electric vehicle models as the industry responds to stricter pollution regulations and calls to reduce emissions to fight climate change. The latest offering comes from General Motors, which unveiled a Chevrolet Bolt compact SUV on Sunday. It comes with an estimated range per charge of 250 miles (400 kilometers) and a $33,995 starting price tag. [ read more … ]

 

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