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Governors' Biofuels Coalition
NEWS UPDATE March 22, 2021

Top Story

Biden Team Preparing Up to $3 Trillion in New Spending for the Economy

By Jim Tankersley, New York Times  •    •  Posted March 22, 2021

The first legislative piece under discussion, which some Biden officials consider more appealing to Republicans, business leaders and many moderate Senate Democrats, would combine investments in manufacturing and advanced industries with what would be the most aggressive spending yet by the United States to reduce carbon emissions and combat climate change. Documents suggest it will include nearly $1 trillion in spending alone on the construction of roads, bridges, rail lines, ports, electric vehicle charging stations and improvements to the electric grid and other parts of the power sector. [ read more … ]

E30

E30 Safe for Non-flex Fuel Vehicles & Cuts CO2 Emissions According to University of Nebraska Study 

By South Dakota Farmers Union  •    •  Posted March 22, 2021

If 10 percent of Nebraskans fueled up their non-flex fuel vehicles with 30 percent ethanol, CO2 emissions would decrease by 64,000 tons per year. This is according to results of a year-long University of Nebraska Study, Redefining Renewable Fuels, released February 2021. If these same Nebraskans fueled up with E30, the study said it would increase ethanol consumption by 18.5 million gallons per year.
[ read more … ]

Aid

Working Through Aid Needs

By  Chris Clayton, DTN Ag Policy Editor  •    •  Posted March 22, 2021

Farmers waiting to hear about aid programs from USDA likely will have to wait until April for the Biden administration to complete reviews and release funds. The Biden administration is still reviewing the last farm aid programs initiated by the Trump administration, as well as developing the programs that will come from two separate aid packages — the aid bill from last December and the new aid package passed earlier this month. [ read more … ]

Carbon Capture

Progress: Northwest Iowa ethanol plants join large-scale project to capture and store carbon

By Dave Dreeszen, Sioux City Journal  •    •  Posted March 22, 2021

At least three ethanol plants in Northwest Iowa have forged a deal with an Iowa-based agri-business as part of a plan to develop the world’s largest carbon dioxide capture and storage project. Summit Carbon Solutions, a unit of Alden, Iowa-based Summit Agriculture Group, announced last month it is partnering with a select group of leading biorefiners in Iowa, Minnesota, South Dakota, and North Dakota to execute the first phase of its project, which the company says will put them on the path of ultimately delivering a net-zero-carbon fuel. [ read more … ]

Markets

Corn market watching China, ethanol and more

By Mark Conlon, Farm & Ranch Guide  •    •  Posted March 22, 2021

It’s a somewhat slow, yet busy time for the corn market these days. While the market, like other commodities, is anxiously waiting in anticipation of the March 31 prospective plantings report, it is also keeping a close watch on Chinese buying, ethanol demand and harvest/planting conditions in South America. While the corn and soybean markets are linked in some ways, the corn market is different than soybeans in that corn doesn’t have quite as tight of a supply situation, according to Frayne Olson, grain marketing economist at North Dakota State University. [ read more … ]

EVs

Rivian planning to install 10,000 EV chargers across the US and Canada by 2023

By Kim Lyons, TheVerge  •    •  Posted March 22, 2021

Amazon-backed electric vehicle startup Rivian will install more than 10,000 fast chargers across the US and Canada by 2023, the company announced. The Rivian Adventure Network is designed to allow quick recharges along highways and also includes Level 2 charges at more remote locations near parks and other destinations. [ read more … ]

How Volkswagen’s Sins Fueled Its Redemption

By Jack Ewing, New York Times  •    •  Posted March 22, 2021

Not long ago Volkswagen was a global pariah after pleading guilty to the biggest emissions fraud in automotive history. Now it is the toast of the stock market, with its shares worth twice as much as they were a year ago. What happened? Ironically, Volkswagen’s misdeeds helped pave the way for its reversal of fortune. [ read more … ]

Mess With Texas: Time for a 2nd look at Electric Vehicles

By Burl Haigwood, Biofuels Digest  •    •  Posted March 22, 2021

The Great Texas Blackout of 2021 was a travesty, and one we can never repeat. Imagine it is 2050 and Texas gets hit by another winter storm, flood, heat wave, or God forbid, a physical or cyber terrorist attack on a vulnerable electric power system. As news cameras roll with footage of citizens lined up to evacuate, or to get food and water, what could be odd about those pictures would be the fact that the people are on foot, rather than what we see now with miles and miles of cars. Why? Because the electric vehicles they were forced to buy could not be recharged and mobility has come to a halt [ read more … ]

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