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Governors' Biofuels Coalition
NEWS UPDATE May 6, 2021

Top Story

Researchers add evidence to ethanol’s low-carbon benefits

By Jacqui Fatka, Farm Progress  •    •  Posted May 6, 2021

The carbon footprint of corn ethanol shrunk by 23% between 2005 and 2019 as farmers and ethanol producers adopted new technologies and improved efficiency, according to a new analysis published in the academic journal Biofuels Bioproducts and Biorefining by scientists at the Department of Energy’s Argonne National Laboratory. By 2019, the researchers found, corn ethanol was reducing lifecycle greenhouse gas emissions by 44-52% compared to gasoline. [ read more … ]

SREs

U.S. EPA to hand over biofuel exemption documents to GAO probe

By Stephanie Kelly, Reuters  •    •  Posted May 6, 2021

The U.S. Environmental Protection Agency is handing over to the Government Accountability Office information on oil refiners that petitioned for exemptions to biofuel blending mandates, in an effort to help the government watchdog investigate the exemption program. The move shows the Biden administration’s willingness to help scrutinize the so-called small refinery exemption program, which had expanded dramatically during former President Donald Trump’s term. [ read more … ]

RFS

Regan: RFS decision coming ‘as quickly as possible’

By Marc Heller, E&E News  •    •  Posted May 6, 2021

 EPA Administrator Michael Regan told ethanol supporters in Iowa yesterday that his agency will soon propose annual biofuel blending requirements for this year, well past the deadline from late last year. In promising the annual announcement “as quickly as possible,” Regan led industry groups to speculate that the agency might not wait for the Supreme Court to first rule on a related issue tied to biofuel blending waivers for small refineries. [ read more … ]

EPA Chief Visits Iowa

By Chris Clayton, DTN Ag Policy Editor  •    •  Posted May 6, 2021

Regan, along with Agriculture Secretary Tom Vilsack, toured the Lincolnway Energy ethanol plant near Nevada, Iowa, and hosted a roundtable discussion with ethanol producers. That part of Regan’s visit to Iowa was closed to the press before Regan later visited a Superfund site in downtown Des Moines. Regan later sent out a few tweets highlighting his biofuels tour. “Our agricultural community must have a seat at the table if we are to successfully tackle the climate crisis,” Regan tweeted. [ read more … ]

Markets

American drivers are saving the corn ethanol industry–for now

By Tim McDonnell, Quartz  •    •  Posted May 6, 2021

American drivers are back at the gas pump, and ethanol plants are back online. ADM re-opened its plants in early April; POET’s plants re-opened in August 2020 but only hit full production capacity in April. Then, just as ethanol’s road ahead was beginning to look clear, another unanticipated obstacle emerged: the spot price of its key ingredient corn surged to its highest levels in a decade in May. [ read more … ]

Crop Rally Seen Powering On as Buyers Shrug Off High Prices

By Isis Almeida, Bloomberg  •    •  Posted May 6, 2021

Crop prices are already at the highest levels in more than eight years, and with meat and fuel markets running hot, the rally may still have further to go. Meat producers and biofuel makers have so far seen a bull market of their own, passing on the increase in grain costs as the world emerges from the pandemic. Executives from Archer-Daniels-Midland Co. and Bunge Ltd., two of the world’s top agricultural commodities traders, say there are very few signs the rally is curbing demand. And the U.S. is approaching summer — peak time for grilling and driving — which should only boost consumption further. [ read more … ]

EVs

Electric vehicles and renewables will need a dramatic rise in mineral supply, IEA warns

By Anmar Frangoul, CNBC  •    •  Posted May 6, 2021

The supply of critical minerals crucial for technologies such as wind turbines and electric vehicles will have to be ramped up over the next decades if the planet’s climate targets are to be met, according to the International Energy Agency.  A new report from the Paris-based organization, published Wednesday and entitled “The Role of Critical Minerals in Clean Energy Transitions,” focuses on the importance of nickel, cobalt, lithium, copper and rare earth elements.
[ read more … ]

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