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Governors' Biofuels Coalition
NEWS UPDATE July 15, 2021

Top Story

Ag, Ethanol, Enviro Groups Press Biden on High-Octane Gasoline Standard

By Todd Neeley, DTN Staff Reporter  •    •  Posted July 14, 2021

With the Biden administration preparing to write a regulation on greenhouse gas emissions standards on for light-duty vehicles, a coalition of agriculture, ethanol and environmental interests has asked the president to include a high-octane gasoline standard in the rulemaking. During the Biden administration the idea of creating high-octane fuel vehicles to open new markets for ethanol and other biofuels, has taken a backseat to the administration’s focus on electric vehicles. [ read more … ]

High Octane Fuel Standard & Proposed SAFE Rule

Agriculture and Ethanol Groups Echo Automakers Call for Higher-Octane Gasoline Standard in Fuel Economy Rule

By Doug Durante, Clean Fuels Development Coalition  •    •  Posted July 14, 2021

Dozens of agricultural, ethanol, automotive, and manufacturing organizations are calling for higher octane in gasoline to help automakers increase vehicle fuel economy and reduce greenhouse gases. In a letter to President Joe Biden, signed by a range of agriculture and ethanol interests, they pointed to the role that higher-octane fuels could play in advancing the Administration’s climate and public health objectives. This letter follows a letter to the High Octane Low Carbon Alliance weeks earlier from the Alliance for Automotive Innovation that expressed support for high octane low carbon fuels in new and existing internal combustion engines…as soon as possible….. to facilitate the nation’s transition to a lower carbon economy”. [ read more … ]

Groups Urge EPA to Propose Higher Octane Fuel Standard

By Cindy Zimmerman, Ethanol Producer Magazine  •    •  Posted July 14, 2021

A coalition of agriculture and biofuel groups is urging the administration to propose a higher octane fuel standard as the Environmental Protection Agency (EPA) updates its greenhouse gas emissions standards for passenger vehicles and light duty trucks. In a letter to President Joe Biden, the group also requested that EPA open a comment period on the role that high octane low carbon (HOLC) fuels can play in advancing the administration’s “climate, environmental justice, public health, economic revitalization, and energy security objectives.” [ read more … ]

E15

Representatives Angie Craig, Adrian Smith Lead Bipartisan Effort from Congressional Biofuels Caucus in Introducing Legislation to Allow Year-Round E15 Sales

By Office Representative Angie Craig  •    •  Posted July 14, 2021

Today, U.S. Representatives Angie Craig (D-MN) and Adrian Smith (R-NE) led Co-Chairs of the Congressional Biofuels Caucus in introducing the Year-Round Fuel Choice Act, bipartisan legislation that would ensure that the Environmental Protection Agency (EPA) can grant waivers to allow E15 and higher blend fuels to be sold at retailers year-round. Craig and Smith introduced the legislation after a federal appeals court struck down an EPA rule that lifted restrictions on the year-round sale of certain corn ethanol fuel blends. The legislation would provide key stability and predictability for family farmers and biofuels producers across the country. [ read more … ]

Biden Administration

Democrats Propose $3.5 Trillion Budget to Advance With Infrastructure Deal

By Emily Cochrane, New York Times  •    •  Posted July 14, 2021

op Democrats announced on Tuesday evening that they had reached agreement on an expansive $3.5 trillion budget blueprint, including plans to pour money into addressing climate change and expanding Medicare among an array of other Democratic priorities, that they plan to advance alongside a bipartisan infrastructure deal. Combined with nearly $600 billion in new spending on physical infrastructure contained in the bipartisan plan, which omits many of Democrats’ highest ambitions, the measure is intended to deliver on President Biden’s $4 trillion economic proposal. [ read more … ]

Biden Climate Czar Vows Clean-Energy Edict If Congress Fails

By Jennifer A Dlouhy, Bloomberg  •    •  Posted July 14, 2021

Congress should enact a clean-electricity standard that forces utilities to pare greenhouse gas emissions, but if lawmakers fail to deliver, the administration is prepared to act on its own, President Joe Biden’s climate chief told Bloomberg. A clean-electricity mandate is critical for catalyzing emissions reductions, White House National Climate Adviser Gina McCarthy said during a taped discussionfor the Bloomberg Sustainable Business Summit that opened Tuesday. But she refused to say the requirement is a must-have ingredient in a broad tax-and-spending bill meant to build on a bipartisan infrastructure package. [ read more … ]

Climate

Europe Plans Aggressive New Laws to Phase Out Fossil Fuels

By Somini Sengupta, New York Times  •    •  Posted July 14, 2021

European officials are preparing to introduce ambitious legislation designed to wean one of the world’s biggest and most polluting economies off fossil fuels far more quickly than other nations have pledged to do. The proposals could include phasing out coal as an electricity source as well as imposing tariffs on polluting imports — an idea with the potential to set off global trade disputes. The European Commission’s package of around a dozen legislative proposals, expected on Wednesday, is designed to swiftly reduce the emissions of planet-warming gases and meet an ambitious climate goal, already enshrined in law: The 27-nation bloc has said it will cut its emissions of greenhouse gases by 55 percent by 2030, compared to 1990 levels. [ read more … ]

Markets

Brazil raises mandatory biodiesel blend to 12%, below expectations

By Gabriel Araújo, Reuters  •    •  Posted July 14, 2021

The Brazilian government raised the mandatory blend of biodiesel into diesel to 12% from 10%, below this year’s target of 13% in a bid to rein in fuel inflation amid high soybean prices. About 70% of Brazil’s biodiesel is produced from soy oil, prices of which have risen owing to strong demand and tight supply of soybeans.
[ read more … ]

Oil Edges Lower As Market Awaits Delayed EIA Data

By Jill R Shan, Bloomberg  •    •  Posted July 14, 2021

Oil dipped as the market awaited delayed weekly U.S. government data and Saudi Arabia and the United Arab Emirates were said to resolve the standoff that has prevented additional supply from OPEC+. Futures fell as much as 1.6% in New York on Wednesday. Weekly petroleum data from the Energy Information Agency was delayed until 11:30 am, according to the agency. [ read more … ]

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