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Governors' Biofuels Coalition
NEWS UPDATE August 29, 2022

Top Story

California sets sights on zero-emission vehicle future to chagrin of oil, biofuel groups

By Jasmin Melvin, S&S Global  •    •  Posted August 29, 2022

Oil refiners and ethanol producers expressed support Aug. 26 for achieving carbon neutrality in the transportation sector but argued that California’s push to eliminate gasoline- and diesel-fueled vehicle sales by 2035 was misguided. “This is a deeply flawed plan that will eliminate consumer choice, limit innovation and jeopardize progress towards our shared climate goals,” the American Petroleum Institute said in a statement. The group lashed out against “prescriptive mandates” and said that “meaningful progress is best achieved through policies that promote marketplace flexibility, are technology-neutral and respectful of consumer choice.” [ read more … ]

Carbon Capture

South Dakota farmers don’t see Summit carbon dioxide pipeline as a public utility worthy of eminent domain

By Mikkel Pates, Agweek  •    •  Posted August 29, 2022

They are all supporters of ethanol — they sell corn to Glacial Lakes Energy, an ethanol cooperative based in Watertown, South Dakota — but dozens of farmers in the Aberdeen and Leola areas of South Dakota are strong opponents the Summit Carbon Solutions plan to run a carbon dioxide pipeline through their land. Summit Carbons Solutions has described its five-state, 2,000 mile carbon capture pipeline as being a $4.5 billion project. The “Midwest Carbon Express” would capture carbon emissions from 32 ethanol plants on its way to western North Dakota, where the carbon would be stored underground. [ read more … ]

Markets

Russia Confounds the West by Recapturing Its Oil Riches

Joe Wallace and Anna Hirtenstein, Wall Street Journal  •    •  Posted August 29, 2022

Russia pumps almost as much oil into the global market as it did before its invasion of Ukraine. With oil prices up, Moscow is also making more money. Demand from some of the world’s largest economies has given Russian President Vladimir Putin the upper hand in the energy battle that shadows the war in Ukraine, and has confounded the West’s bid to cripple Russia’s economy with sanctions. [ read more … ]

U.S. energy secretary urges refiners not to increase fuel exports

By Timothy Gardner, Reuters  •    •  Posted August 29, 2022

The U.S. Energy Secretary urged domestic oil refiners this month to not further increase exports of fuels like gasoline and diesel, adding that the Biden administration may need to consider taking action if the plants do not build inventories. U.S. refiners have boosted oil product exports this month as domestic crude oil production rose and global fuel demand continued to recover. [ read more … ]

There’s a Carbon Dioxide Shortage, and Food and Drink Makers are Scrambling

By Jesse Newman, Wall Street Journal  •    •  Posted August 29, 2022

Supplies of carbon dioxide, a byproduct of industrial processes such as ethanol and fertilizer production, have been tight since early 2020, when many Americans stopped driving due to the Covid-19 pandemic, slashing ethanol demand. Now, shortages of the gas have grown acute in parts of the country, according to carbon-dioxide suppliers and food industry officials, as production disruptions coincided with strong summer demand. Maintenance shutdowns at industrial facilities that produce the gas this fall are expected to keep supplies tight. [ read more … ]

Elon Musk Says World Needs More Oil and Gas as Bridge to Renewables

By Grant Smith, Bloomberg  •    •  Posted August 29, 2022

The world needs more oil and gas now to deal with an energy shortage while pushing to transition to renewable supplies, Tesla Inc. Chief Executive Officer Elon Musk said. “At this time, we actually need more oil and gas, not less,” Musk said Monday during an energy conference in Norway, adding that he’s not someone to “demonize” the fossil fuels. At the same time, “we must have a clear path to a sustainable energy future.” [ read more … ]

Climate

Climate Change Measures Are a Lot More Popular Than Americans Think

By Eric Roston, Bloomberg  •    •  Posted August 29, 2022

Some farmers said they preferred a government policy to deal with change. Others said they’d alter their production techniques to accommodate new conditions, and a third group saw ways to adapt financially. None considered that climate change might call for sustained, multiple responses. In fact, identifying a risk-reduction technique they liked seemed to eclipse their awareness of other options. [ read more … ]

EVs

Tailpipe Emissions Are Notoriously Hard to Cut. California’s New Gas Car Ban Will Help

By Kristoffer Tigue, Inside Climate News  •    •  Posted August 29, 2022

The new rule, which is the first of its kind in the United States and is the strictest among just a handful of similar bans around the world, will be implemented in phases. It requires 35 percent of the available passenger vehicle models offered by auto retailers in the state to be electric or hydrogen gas-powered by 2026, with that proportion increasing to 51 percent by 2028, 68 percent by 2030 and ultimately to 100 percent by 2035. The plan also outlines a goal of having all medium- and heavy-duty vehicles be zero-emission by 2045. [ read more … ]

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