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Governors' Biofuels Coalition
NEWS UPDATE June 10, 2021

Top Story

Peak Internal Combustion Engine May Already Be Years Behind Us

By Nathaniel Bullard, Bloomberg  •    •  Posted June 10, 2021

Porsche has managed to grow its sedan market with a new model, but the competition between its incumbent and its new entrant is also crystal clear. The electric Taycan could push its combustion-engine sibling to the brink—too small a market to be worth a model refresh. It’s a competition, in miniature, that the global auto market will soon face across the board. All of its growth is electric, and at a certain point, that growth comes at the expense of combustion engine sales.  [ read more … ]

RFS

New Poll Finds Growing Bipartisan Support for RFS and Ethanol

By Ken Colombini, RFA  •    •  Posted June 10, 2021

A recent poll found that voter support for the Renewable Fuel Standard (RFS) has hit its highest levels in at least five years.  Meanwhile, the tracking poll shows support for the use of biofuels like low-carbon ethanol has remained consistently high, with a bipartisan majority of voters expressing a favorable opinion.  The benchmark poll was conducted at the end of May by Morning Consult, a Washington polling and news site, on behalf of the Renewable Fuel Association. [ read more … ]

Biden Administration

Collapse of Infrastructure Talks Puts Climate Action at Risk

By Coral Davenport, Lisa Friedman and Emily Cochrane, New York Times  •    •  Posted June 10, 2021

The collapse of negotiations between President Biden and Senate Republicans for an infrastructure bill has complicated the prospects for another priority of the administration: fighting climate change. Embedded in the president’s infrastructure proposal were billions of dollars to help pivot the country away from the fossil fuels that are generating the pollution that is heating the planet.
[ read more … ]

Biden pitched a bold climate vision. He may be watching it die in Congress.

By MICHAEL GRUNWALD, Politico  •    •  Posted June 10, 2021

President Joe Biden clearly wants to be a climate president. He’s set ambitious climate targets. He’s assembled a team of passionate climate wonks and activists. He’s announced a “whole of government approach” to the climate crisis, followed by a drumbeat of aggressive executive actions. He’s also proposed extraordinary climate investments in his infrastructure plan, and an hour rarely goes by without an administration official urging Congress to pass it. [ read more … ]

EVs

G-7 Eyes Ambitious Shift to Electric Cars and Away From Oil

By Alberto Nardelli and Josh Wingrove, Bloomberg  •    •  Posted June 10, 2021

Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener vehicles by the end of the decade, as part of a package of measures to combat climate change. Under one proposal contained in a document seen by Bloomberg, G-7 governments would “strive” to ensure that the majority of all new passenger car sales are not petrol or diesel-powered “by 2030 or sooner.” Countries are divided on how specific the measures should be.
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EVs won’t hit net-zero by 2050 without policy support, report says

By Kelsey Tamborrino, Politico  •    •  Posted June 10, 2021

Passenger electric vehicles across the globe are expected to rise from the 12 million currently on the road to 54 million by 2025 — but that trajectory is not enough to achieve net-zero carbon emissions in the transportation sector by 2050, according to a new report from BloombergNEF released Wednesday. Falling lithium-ion battery prices, improvements in technologies and expanding infrastructure are set to transform the auto industry over the coming decades, but further policy action such as tighter fuel economy standards is required to achieve a net-zero global fleet by mid-century. [ read more … ]

Commentary

Column: More optimism for U.S. corn as ethanol output hits 15-month top

By Karen Braunm Reuters  •    •  Posted June 10, 2021

The U.S. ethanol industry is operating at near-normal levels for the first time since early 2020 as virus restrictions lift and Americans hit the road for the summer travel season. Data from the Energy Information Administration on Wednesday showed that U.S. ethanol output reached 1.067 million barrels per day in the week ended June 4, a 15-month high. That marked the fourth consecutive week that production topped 1 million barrels per day.
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Note: News clips provided do not necessarily reflect the views of coalition or its member governors.