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Governors' Biofuels Coalition
NEWS UPDATE July 15, 2021

Top Story

Democrats Roll Out $3.5 Trillion Budget to Fulfill Biden’s Broad Agenda

By Jonathan Weisman, Emily Cochrane and Jim Tankersley, New York Times  •    •  Posted July 15, 2021

Huge investments would go to renewable energy and a transformed electrical system to move the U.S. economy away from oil, natural gas and coal to wind, solar and other renewable sources. The budget blueprint is to include a clean energy standard, which would mandate the production of electricity driven by renewable sources and bolster tax incentives for the purchase of electric cars and trucks. [ read more … ]

Reactions: E15 & RFS Decisions

Bipartisan U.S. bill aims to expand sales of ethanol after court ruling

By Stephanie Kelly, Reuters  •    •  Posted July 15, 2021

A bipartisan group of U.S. senators on Wednesday introduced legislation that would increase access to gasoline with a higher ethanol blend, after a recent court decision knocked down a Trump-era rule that had allowed expanded sales of the fuel. The bill is an attempt to boost demand for corn-based ethanol and inject certainty into a market that was rocked by the court ruling. The bill would extend a waiver that would allow year-round sales of a 15% ethanol fuel blend known as E15. [ read more … ]

House, Senate Bills Would Give EPA Authority to Allow Year-Round E15 Sales

By Todd Neeley, DTN Staff Reporter  •    •  Posted July 15, 2021

Two bipartisan members of the U.S. House of Representatives on Wednesday introduced the “Year-Round Fuel Choice Act” designed to give EPA the power to approve year-round sales of E15 across the country. Companion legislation also was introduced in the U.S. Senate. The legislation is in response to the U.S. Court of Appeals for the District of Columbia’s decision to vacate a rule finalized by the Trump EPA to allow year-round sales of E15. The court ruled on July 2 the agency didn’t have the authority in the Clean Air Act to grant a Reid vapor pressure waiver to any fuel other than E10.
[ read more … ]

Low-carbon ethanol industry has bright days ahead, expert says

By Jerry Perkins, Successful Farming  •    •  Posted July 15, 2021

Iowa’s ethanol industry has become an important driver of the state’s economy and an influential political force in the state since the industry was founded more than 20 years ago. Two Iowa corn and ethanol association officials made that assessment on Tuesday at the Iowa Events Center here during the “Ethanol 101” conference held in conjunction with the 2021 Fuel Ethanol Workshop and Expo (FEW). This is the 37th annual FEW and the first time it has been held in Iowa, the largest ethanol producing state in the United States. [ read more … ]

Climate

Europe Rolls Out Plan to Shift From Fossil Fuels, an Effort That Could Impact Trade

By Steven Erlanger and Somini Sengupta, New York Times  •    •  Posted July 15, 2021

In what may be a seminal moment in the global effort to fight climate change, Europe on Wednesday challenged the rest of the world by laying out an ambitious blueprint to pivot away from fossil fuels over the next nine years, a plan that has the potential to set off global trade disputes. The most radical, and possibly contentious, proposal would impose tariffs on certain imports from countries with less stringent climate-protection rules. The proposals also include eliminating the sales of new gas- and diesel-powered cars in just 14 years, and raising the price of using fossil fuels. [ read more … ]

Markets

EIA: Ethanol Blending Demand Down

By DTN Staff  •    •  Posted July 15, 2021

Midwest PADD 2 blending demand continued lower, down 5,000 bpd on the week, while Gulf Coast demand fell 4,000 bpd. For the four weeks ended July 9, EIA reports PADD 2 blending activity was at 256,000 bpd, while PADD 3 activity was 152,000 bpd. Domestic ethanol plant production fell for the first time in four weeks, dropping 26,000 bpd or 2.4% to 1.041 million bpd. Four-week average output was at 1.053 million bpd, up 4,000 bpd from the four-week average the prior week. [ read more … ]

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