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Governors' Biofuels Coalition
NEWS UPDATE January 17, 2022

Top Story

Iowa lawmakers seek to salvage summer E15 fuel

by JARED STRONG, Iowa Capital Dispatch  •    •  Posted January 17, 2022

Iowa’s two U.S. senators hope to codify a waiver into federal law that would allow gasoline fuels that are 15% ethanol to be sold during the summer. “I hope Congress can act to fix this issue,” U.S. Sen. Chuck Grassley, a Republican, said this week. “It makes no sense for a quirk of environmental regulation to prevent this E15 from being sold during the summer.” [ read more … ]

Fuel Composition

Australia’s biofuels could get boost from new standard

By Susan Reidy, World-Grain  •    •  Posted January 17, 2022

 A new fuel standard starting Jan. 1, 2022, reduces the gasoline pool maximum aromatics content from 42% to 35%.  “Industry expects that, similarly to other parts of the world, ethanol will be the primary substitute for aromatics and Australia will need to approximately triple the current bioethanol use in gasoline blends,” FAS said. “This could come from imports or increased domestic production.”  Reducing the aromatic content of fuel reduces the octane level, so a substitute is required to maintain the required levels. Ethanol is a superior octane enhancer and is widely used in Europe and the US. [ read more … ]

Carbon Credit

Farmers say carbon credit efforts improve soil health, boost revenues

By Brandon Mulder, S&P Global  •    •  Posted January 17, 2022

Farms across the US are seeing improved soil health and higher crop yields after participating in carbon farming programs that produce nature-based carbon credits sold as offsets in the voluntary carbon market. “The water-holding capacity in the soil is built up by that soil’s microbial action, and those microbes need the carbon in order to grow,” said Paul Overby, who farms 1,900 acres of grains in North Dakota near the Canadian border, during agriculture technology firm Indigo’s carbon farming strategies virtual workshop. Overby was an early adopter of Indigo’s carbon farming program, Carbon by Indigo, which began partnering with farmers in 2019 to help them start generating and selling carbon credits to buyers. [ read more … ]

Carbon Capture

Gov. Kim Reynolds’ support for ‘carbon capture solutions’ doesn’t include incentives for pipelines

By Donnelle Eller, Des Moines Register  •    •  Posted January 17, 2022

Gov. Kim Reynolds’ call in this week’s Condition of the State address to “invest in carbon capture solutions” has some Iowans questioning whether she’s thrown her support behind multibillion-dollar proposals for carbon capture pipelines across the state. Reynolds spokesman Alex Murphy said Thursday the governor’s budget will include funding for investments in innovative projects in the “agriculture and energy space that ultimately increase participation in carbon markets.” But in an email to the Des Moines Register, he said the governor “is not advocating directly for incentives for pipeline projects — nor are any of the companies for the proposed pipelines seeking that.”   [ read more … ]

States

Iowa Governor Prioritizes Biofuels for 2022

By Cindy Zimmerman, Ag Wired  •    •  Posted January 17, 2022

During her 2022 Condition of the State speech this week, Iowa Governor Kim Reynolds highlighted biofuels and her commitment to expand consumer access to E15 and B20 as one of her top priorities for this legislative session. “I am introducing new legislation that will improve access to E15 and B20 and upgrade Iowa’s fuel infrastructure to offer higher blends,” said Reynolds. “And I’m proposing that we invest in carbon-capture solutions to sustain and build on our leadership position in renewable energy.” [ read more … ]

Markets

Oil Producers Aren’t Keeping Up With Demand, Causing Prices to Stay High

By Stanley Reed, New York Times  •    •  Posted January 17, 2022

Nearly two years ago the world’s oil producers slammed on the brakes and drastically cut production as the pandemic gripped the world’s economies. The sharp pullback came with an implicit promise that as factories reopened and planes returned to the air, the oil industry would revive, too, gradually scaling up production to help economies return to prepandemic health. It isn’t exactly turning out that way. Oil producers are finding it harder than expected to ramp up output. Members of the cartel OPEC Plus, which agreed to cut output by about 10 million barrels a day in early 2020, are routinely falling well short of their rising monthly production targets. [ read more … ]

EVs

Car Advertising Finally Goes Electric

By Kyle Stock, Bloomberg  •    •  Posted January 17, 2022

If you watched NBC’s Monday Night Football in the fall, you might have seen a Hyundai ad called “Gas Card.” It goes like this: a dad gives his daughter a gas station gift card; she never uses it because she drives a plug-in hybrid Tucson from Hyundai; she gives the card back to him on his birthday. The style, as with the other spots in Hyundai’s campaign for its new electrified SUVs, will be familiar to any regular viewer of American television: A bit of light humor unfolds in some sunny place where yards are well-manicured, traffic is light, and neighbors are friendly. [ read more … ]

Automakers Say They Won’t Let Tesla Steal the Truck Race

By David Welch, Bloomberg  •    •  Posted January 17, 2022

Why the turnabout? Batteries have gotten cheaper and better, for one, which means it’s easier to sell plug-in pickups such as a Silverado or Ford Motor Co.’s F‑150 Lightning for around $40,000. The other reason is that truck owners are telling GM and Ford researchers they’re ready to plug in. Battery power has captured the imagination of retail buyers, and commercial customers are increasingly lured by the lower cost of operation and environmental, social, and governance benefits of adding zero-emissions trucks to their fleets, says Steve Majoros, Chevrolet’s marketing director. [ read more … ]

DOE

DOE launches hiring blitz, Clean Energy Corps

By Jeremy Dillon, E&E News  •    •  Posted January 17, 2022

The Department of Energy officially this morning kicked off a hiring blitz that seeks to add approximately 1,000 new employees to the agency’s ranks. Dubbed the Clean Energy Corps, the new hiring effort aims to help the department spend some $62 billion from last year’s bipartisan infrastructure law. DOE officials previewed the hiring blitz after President Biden signed the law in November. Today’s announcement includes a new application portal and list of positions the administration is looking to fill. [ read more … ]

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