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Governors' Biofuels Coalition
NEWS UPDATE August 15, 2022

Top Story

EPA Ag Adviser Tells Ethanol Industry Audience Biofuels Will Continue to Grow

By Todd Neeley, Progressive Farmer  •    •  Posted August 15, 2022

The EPA has yet to make updates to its greenhouse gas modeling to reflect improvements in biofuels. Snyder said that’s about to change. “The agency is aware that the science and practice of producing renewable fuels have come a long way since we finalized the assessment,” he said. “EPA has initiated work to develop a revised modeling framework that will be applied to analyze the GHG impacts associated with biofuels.” [ read more … ]

Inflation Reduction Act

Biden, Democrats plan grand celebration next month of Inflation Reduction Act

By Mariana Alfaro, Washington Post  •    •  Posted August 15, 2022

President Biden remains on vacation on South Carolina’s Kiawah Island. He plans to sign the Inflation Reduction Act into law on Tuesday and deliver remarks, but the White House is preparing for a much larger celebration on Sept. 6, after Labor Day, when Americans are expected to pay more attention to what’s at stake in the fall midterm elections. [ read more … ]

Politicians Are Touting Corn Ethanol as a Climate Solution. The Truth Is More Complicated

BY ALEJANDRO DE LA GARZA, TIME  •    •  Posted August 15, 2022

Corn farmers and the rest of the ethanol industry have been getting a lot of good news from Washington over the past few months. The most recent win is buried in the Inflation Reduction Act: $500 million for infrastructure to help sell higher ethanol-content gasoline at fuel stations. Now, industry allies in Congress are trying to capitalize on the momentum, pushing sweeping rule changes that would lock in more ethanol production for decades to come. [ read more … ]

Carbon Capture

The Inflation Reduction Act Includes a Bonanza for the Carbon Capture Industry

BY ALEJANDRO DE LA GARZA, TIME  •    •  Posted August 15, 2022

In Iowa, plans to build massive new pipelines to transport carbon dioxide have become a political flashpoint over the past year. Activists and landowners are facing off against investors and a pro-carbon capture governorship over plans to build massive pipelines to transport carbon dioxide released from ethanol plants to underground storage sites in North Dakota and Illinois. Proponents of the pipelines say they will make a serious dent in Iowa’s greenhouse gas emissions and help benefit farmers who grow corn that serves as a feedstock in the state’s ethanol industry. But opponents, including local environmentalist groups, say the pipelines put Iowans at risk of dangerous CO2 leaks, and prop up an obsolete, high polluting ethanol industry while trampling on local farmers who will have to allow developers to build through their land. [ read more … ]

Climate

Newsom unveils plan as Calif. braces for 10% water loss

By Jennifer Yachnin, E&E News  •    •  Posted August 15, 2022

“We have a renewed sense of urgency to address this issue head on,” Newsom said in remarks in Antioch, Calif., where he stood in front of a new desalination plant. Seizing on predictions that the state could lose 10 percent of its water supply by 2040 — based on persistent drought that has gripped the West for more than 20 years and changing hydrology in the Golden State — Newsom unveiled a plan that also includes a proposal to build 4 million acre-feet of new storage and modernize existing water systems. [ read more … ]

Markets

EIA maintains 2022-’23 forecast for corn use in ethanol

By Erin Voegele, Ethanol Producer Magazine  •    •  Posted August 15, 2022

The USDA reduced its estimate for 2021-’22 corn use in ethanol by 25 million bushels in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The forecast for 2020-’23 corn use in ethanol was maintained. The agency’s 2022-23 U.S. corn outlook is for lower supplies; reduced feed and residual use; slightly higher food, seed and industrial use; smaller exports; and lower ending stocks. Projected beginning stocks for 2022-23 are 20 million bushels higher based on a lower use forecast for 2021-’22, which a reduction in corn ethanol is partially offset by greater use for glucose and dextrose. [ read more … ]

EVs

Why Charging a Car Needs to Be as Easy as Filling Up With Gas

By Dan Murtaugh, Bloomberg  •    •  Posted August 15, 2022

Anders Hove is a world-renowned energy expert with a mild obsession about charging electric vehicles. Whether in his former home of Beijing or on trips in Europe or the US, the senior research fellow at the Oxford Institute of Energy Studies enjoys getting behind the wheel of a battery-powered car to test what it’s like to refuel it. Hyperdrive recently spoke with him about his experiences and the future of electrified transport. [ read more … ]

Tesla and Nikola Big Rigs Race for Up to $40,000 US Incentives

By David Welch, Bloomberg  •    •  Posted August 15, 2022

Electric trucks aren’t as sexy as passenger cars. But if climate change is the raison d’être of the incentives in this bill, freight and trucking can’t be ignored. These vehicles account for more than 20% of fuel consumed in the US, according to the Bureau of Transportation Statistics. With Amazon, Walmart and other retailers sending more of their wares by truck, fuel consumption for shipping is growing all the time. It’s expected to account for 40% of the increase in demand for oil in the next decade, according to the International Energy Agency. As will be the case with passenger cars, trucks will need to meet tough requirements to be eligible for incentives. Battery materials need to come from countries the US has free trade agreements with and not nations of concern, such as China. While it’s unclear how many will meet the criteria, battery-powered big rigs are definitely coming. [ read more … ]

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