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Governors' Biofuels Coalition
NEWS UPDATE June 3, 2021

Top Story

Iowa, Texas companies propose multi-billion dollar carbon-capture pipelines across Iowa

By Donnelle Eller, Des Moines Register  •    •  Posted June 3, 2021

Companies in Iowa and Texas plan to build pipelines across the state that will capture carbon dioxide emissions from ethanol, fertilizer and other industrial plants before being permanently sequestered. The Dallas company plans to accept carbon dioxide emissions from ethanol plants and other ag manufacturers in Iowa, South Dakota, Nebraska, Minnesota and Illinois, where it will be sequestered. [ read more … ]

RFS

Agricultural feedstock costs drive RIN prices to all-time highs

By Sean Hill and Matthew French, EIA  •    •  Posted June 3, 2021

The prices of renewable identification number (RIN) credits—the compliance mechanism used for the Renewable Fuel Standard (RFS) program administered by the U.S. Environmental Protection Agency (EPA)—sharply increased through April of this year, and they are now higher than at any time during the 13-year history of the RFS program. Rising global demand for the agricultural feedstocks used to make corn fuel ethanol and biomass-based diesel fuels has driven fuel ethanol and biomass-based diesel prices higher in 2021, pushing their corresponding RIN prices to new highs. [ read more … ]

Rinsanity

BY MATTHEW CHOI, Politico  •    •  Posted June 3, 2021

The price of RIN credits are higher than at any time during the history of the Renewable Fuel Standard due to rising demand for the agricultural feedstocks used to produce corn ethanol and biomass-based diesel fuels, according to an update from the Energy Information Administration . On May 18, corn fuel ethanol D6 RIN prices reached $1.90 per gallon and biomass-based diesel D4 RIN prices reached $2 per gallon — both all-time high daily prices under the program — according to EIA.  [ read more … ]

Biden Administration

Biden’s 2022 budget includes funds for SAF, biofuels, bioenergy

By Erin Voegele , Ethanol Producer Magazine  •    •  Posted June 3, 2021

President Biden on May 28 released his proposed budget for fiscal year (FY) 2022. The budget includes proposed support for biofuels; biorefinery, renewable chemical and biobased product manufacturing; renewable energy; and sustainable aviation fuel. For biofuels, the budget would allocate $1 billion in support over the 2022-’26 period, including $500 million in 2022, $250 million in 2023 and $250 million in 2024.
[ read more … ]

Car Rule

California urges EPA to let state set car-emissions standard

By MATTHEW DALY, Associated Press  •    •  Posted June 3, 2021

Officials from California, New York and other states urged the Environmental Protection Agency on Wednesday to allow California to set its own automobile tailpipe pollution standards, an action that would reverse a Trump administration policy and could help usher in stricter emissions standards for new passenger vehicles nationwide. The Biden administration has said it will withdrew Trump-era restrictions on state tailpipe emission rules and has moved to grant California permission to set more stringent pollution standards for cars and SUVs. That would give California greater leverage in discussions with automakers as states and federal officials seek a climate-friendly agreement on emissions standards. [ read more … ]

Climate

NAS launches study to refine lifecycle GHG reviews of biofuels

By Doug Obey, Inside EPA  •    •  Posted June 3, 2021

A National Academy of Sciences (NAS) panel is publicly launching a study to refine lifecycle greenhouse gas analysis (LCA) practices, a crucial issue for determining which biofuels or other low-carbon fuels should be encouraged or required under various federal and state low-carbon fuels programs. Among the topics NAS will review are continuing uncertainties in LCA analysis, factoring “co-products” of low-carbon fuels into such accounting, and possibilities for facilitating cooperation across multiple fuels programs. [ read more … ]

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