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Governors' Biofuels Coalition
NEWS UPDATE March 24, 2021

Top Story

E.P.A. to Review Attacks on Science Under Trump

By Lisa Friedman, New York Times  •    •  Posted March 24, 2021

The Biden administration is taking the unusual step of making a public accounting of the Trump administration’s political interference in science, drawing up a list of dozens of regulatory decisions that may have been warped by political interference in objective research. The effort could buttress efforts to unwind pro-business regulations of the past four years, while uplifting science staff battered by four years of disregard. [ read more … ]

RFS

U.S. EPA extends deadline for refiners to show compliance with biofuel laws

By Richard Valdmanis, Reuters  •    •  Posted March 24, 2021

The U.S. Environmental Protection Agency said on Tuesday it was finalizing a proposal to extend the deadlines for oil refiners to prove their compliance with the nation’s biofuel blending laws for the years 2019 and 2020. The agency said refiners now have until Jan. 31, 2022, to submit compliance documentation for the 2020 year, while small refiners have until Nov. 30, 2021, to submit their documentation for the 2019 year. [ read more … ]

EPA Finalizes Rule Extending RFS Deadlines For Refiners

By Todd Neeley, DTN Staff Reporter  •    •  Posted March 24, 2021

The EPA will extend deadlines for obligated parties to comply with Renewable Fuel Standard deadlines for 2019 and 2020, the agency announced on Tuesday. The rule proposed by the Trump administration has been opposed by the biofuels industry, https://www.dtnpf.com/…. [ read more … ]

Biden Administration

EPA’s Regan stresses importance of biofuels, calls for ag input

By Steve Davies, AgriPulse  •    •  Posted March 24, 2021

EPA Administrator Michael Regan reiterated his “open-door” policy for agriculture as the agency develops regulations and policies, and said biofuels, “especially advanced biofuels,” will be part of the Biden administration’s transportation agenda as it tackles climate change. Speaking at the Agri-Pulse Ag & Food Policy Summit Wednesday, the new leader of the EPA said he wants regular input from the ag industry. “I want to hear from you directly when innovation has been stifled, because we need to work together to overcome these challenges,” he said.
[ read more … ]

Biden’s Recovery Plan Bets Big on Clean Energy

By Lisa Friedman and Jim Tankersley, New York Times  •    •  Posted March 24, 2021

Aides are set to brief Mr. Biden this week on plans to invest between $3 trillion and $4 trillion in spending and tax credits on a wide range of efforts meant to bolster the economy. The money is currently planned to be split between two packages, starting with an infrastructure bill that is rooted in the effort to halt the emissions of planet-warming carbon dioxide. Administration officials stress that the details remain in flux. But as currently constructed, accelerating a clean energy transformation underpins nearly every part of the plan, people familiar with it said. It includes building electric power lines that can deliver more renewable energy, building electric vehicle charging stations, capping oil and gas wells to reduce emissions and reclaiming abandoned coal mines. [ read more … ]

Markets

Unusual Leap in Gas Prices Puts $3 a Gallon in Sight

By Joe.Wallace, Wall Street Journal  •    •  Posted March 24, 2021

The prospect of summer drivers crowding U.S. highways is powering steep gains in the price of gasoline, a sign of economic recovery and a boon for the pandemic-ravaged energy industry.
Lifted by oil’s recovery and growing consumer demand, gasoline prices at pumps in the U.S. hit an average of $2.88 a gallon over the past week, according to the AAA. That marks a 30% increase over this time last year, when the pandemic’s lockdowns slammed fuel usage. [ read more … ]

Fuel demand will remain almost flat over next 10 years

By Paul Takahashi, Houston Chroncile  •    •  Posted March 24, 2021

Demand for gasoline and diesel will remain nearly steady in North America over the next 10 years, according to a new report. Fuel demand is expected to increase by 3 percent in North America, while in Europe and Asia, demand could drop by 5 percent over this decade, according to GlobalData, a market research firm. The disparity is blamed on North America’s relatively sparse charging network, which has slowed adoption of electric vehicles. [ read more … ]

U.S. Oil Companies Lag Far Behind Greener Europe Rivals

By Tim Quinson, Bloomberg  •    •  Posted March 24, 2021

Europe’s largest oil and gas companies are leaving U.S. rivals further and further behind in the race to cut their reliance on fossil-fuel sales. Total SE, Galp Energia SGPS SA, Equinor ASA, Royal Dutch Shell Plc and Eni SpA are leading the pack, while Exxon Mobil Corp. and Chevron Corp. are among the laggards, according to newly released climate-transition scores from BloombergNEF and Bloomberg Intelligence.
[ read more … ]

Green Plains Completes Sale of Ord, Nebraska Plant

By GLOBE NEWSWIRE  •    •  Posted March 24, 2021

Green Plains Inc. (NASDAQ:GPRE) today announced that its subsidiary, Green Plains Ord LLC, has completed the previously announced sale of its ethanol plant located in Ord, Nebraska, to GreenAmerica Biofuels Ord LLC for $64 million, plus working capital. [ read more … ]

EVs

Biden’s EV Pledge Bumps Against Realities of Bureaucracy, Market

By Courtney Rozen, Bloomberg Law  •    •  Posted March 24, 2021

President Joe Biden’s call for the federal government to stock up on electric vehicles is running headlong into two harsh realities: the marketplace and the bureaucracy. The president, in an executive order aimed at combating climate change, requesteda plan by the end of April to add zero-emission vehicles to the government’s inventory. Yet from Inauguration Day until mid-March, the General Services Administration—the agency that does most of the government’s vehicle buying—spent $439.7 million on passenger vehicles, with only 13% going for products that use at least some electric power, according to Bloomberg Government’s federal contracts database. [ read more … ]

 

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