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Governors' Biofuels Coalition
NEWS UPDATE May 25, 2021

Top Story

Corn ethanol reduces carbon footprint, greenhouse gases

By Kathryn Jandeska, Argonne National Laboratory  •    •  Posted May 25, 2021

A study conducted by researchers at the U.S. Department of Energy’s Argonne National Laboratory reveals that the use of corn ethanol is reducing the carbon footprint and diminishing greenhouse gases. The study, recently published in Biofuels, Bioproducts and Biorefining, analyzes corn ethanol production in the United States from 2005 to 2019, when production more than quadrupled. Scientists assessed corn ethanol’s greenhouse gas emission intensity (sometimes known as carbon intensity, or CI) during that period and found a 23% reduction in CI. [ read more … ]

State Initiatives

Iowa farm groups bemoan lawmakers’ failure to boost renewable fuels

By Donnelle Eller, Des Moines Register  •    •  Posted May 25, 2021

Iowa leads the nation in ethanol and biodiesel production and is a leader in growing corn and soybeans, the raw materials needed to make the biofuels. Roughly half the state’s corn crop goes to making ethanol.  Even though the bill setting a biofuels standard is dead this year, it remains viable for consideration next year. Gov. Kim Reynolds, who proposed the standard, said last month she planned to convene a meeting before next year’s General Assembly to iron out differences over the legislation. [ read more … ]

Negotiations expected this summer over revised ethanol mandate in Iowa

By kmaland.com  •    •  Posted May 25, 2021

Leaders in the biofuels industry are expected to go back to the negotiating table this summer after a proposed renewable fuel mandate in Iowa failed to pass the legislature this year. Governor Kim Reynolds offered a bill that would require all gasoline sold in the state to contain at least 15% ethanol by 2025 and all diesel to include increased levels of biodiesel. A version of the bill cleared a few hurdles in the legislature, but never made it to the floor for a vote before the end of this session. Ray Gaesser is a farmer near Corning, who has long advocated for increased use of biofuels and is a former president of both the American and Iowa Soybean Association. He says it makes sense to use a product produced in the state. [ read more … ]

Biden Administration

Iowa Congressional Delegation Presses Biden to Include Biofuels in Infrastructure Plans

By Todd Neeley, DTN Staff Reporter  •    •  Posted May 25, 2021

Members of Congress from Iowa asked President Joe Biden to include biofuels in any infrastructure package signed into law, in a letter sent to Biden on Tuesday. Iowa Republican Sens. Charles Grassley and Joni Ernst, along with Republican Reps. Randy Feenstra and Ashley Hinson, expressed concern at the direction the new administration is going.Also on Tuesday, Grassley and Sen. Maria Cantwell, D-Wash., introduced a bill to extend the biodiesel tax credit through 2025. [ read more … ]

Markets

ADM Trial Set for 2024

By Todd Neeley, DTN Staff Reporter  •    •  Posted May 25, 2021

With a trial possibly years away in an ongoing ethanol market manipulation case, plaintiffs are waging a fight for the disclosure of information from Archer Daniels Midland, according to court documents. Four cases have been combined in the U.S. District Court for the Central District of Illinois in Urbana. All the plaintiffs allege ADM manipulated the ethanol market at a key trading hub between 2017 and 2019. [ read more … ]

POET in talks to buy Flint Hills Resources’ Iowa ethanol plants

By John Steppe, The Gazette  •    •  Posted May 25, 2021

Kan.- based Flint Hills Resources is in “exclusive negotiations” to sell its biofuels business to POET, including its five Iowa ethanol plants, according to a Monday news release from Flint Hills. The five Iowa ethanol plants — located in Fairbank, Shell Rock, Iowa Falls, Menlo and Arthur — and its one Nebraska facility combined produce more than 1.5 million tons of distillers grains and about 200 million pounds of distillers corn oil each year, according to the news release. [ read more … ]

EVs

Ford CEO: Electric Vehicle Demand Will Transform Industry

By TOM KRISHER, AP Auto Writer  •    •  Posted May 25, 2021

A new electric version of Ford’s immensely popular F-150 pickup truck might just be the catalyst that hastens America’s transition from gasoline to battery-powered vehicles. Jim Farley, the company’s new CEO, calls the introduction of an electric version of the nation’s top-selling vehicle a watershed moment for Ford as well as for the auto industry. The new truck, called the F-150 Lightning and due in showrooms by next spring, will be able to travel up to 300 miles. [ read more … ]

First in me: Where the EVS are

BY MATTHEW CHOI, Politico  •    •  Posted May 25, 2021

Roughly half of U.S. auto manufacturing plants are either constructing electric vehicles or are planning to do so by 2025, according to a study released today by Third Way, a shift that affects over 4 million jobs tied to the American automotive sector. But many of those jobs could be at risk if American manufacturers don’t bolster their EV production and match competition from China and Europe. [ read more … ]

 

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