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Governors' Biofuels Coalition
NEWS UPDATE November 3, 2022

Top Story

CO2 pipeline developers, foes clash over landowner lists

By Jeffrey Tomich, E&E News  •    •  Posted November 3, 2022

State regulators across the Farm Belt are weighing approval of projects representing thousands of miles of new pipeline to move liquefied carbon dioxide from ethanol plants to sites in North Dakota and Illinois where the CO2 would be permanently stored deep underground. Before those key decisions come, however, utility commissions and local courts are refereeing preliminary disputes between pipeline developers and opponents over access to names of landowners in the path of the three multibillion-dollar projects. [ read more … ]

E30

E30 demonstration study continues in Nebraska

By Curt Arens, Farm Progress  •    •  Posted November 3, 2022

What would it mean to corn farmers and ethanol processors if E30 — a blended fuel of gasoline and 30% ethanol — was the norm in the U.S.? What would it mean for the environment? Today, E10 and E15 are the more popular ethanol-blended fuels nationwide. However, with extremely high gasoline prices and concerns about gasoline supplies for U.S. consumers, ethanol continues to be a crucial part of national energy security. One of the big holdups for expansion of E30 is that it is only approved for use in flex-fuel vehicles (FFVs), so conventional vehicles are not approved by the EPA for E30 use. The state of Nebraska has been working over the past several years on research to see if E30 can be a safe and reliable fuel for use in conventional vehicles. And the state’s partner in this research has been the EPA.
[ read more … ]

RFS

U.S. agency finds smaller oil refiners pay more for biofuel blending credits -document

By Stephanie Kelly, Reuters  •    •  Posted November 3, 2022

Smaller oil refiners pay more for credits to comply with U.S. biofuel blending requirements compared with larger refiners, according to a government report seen by Reuters. The report refers to a decision from the Biden administration’s Environmental Protection Agency (EPA) that denied smaller refiners exemptions to the blending obligations. Under the U.S. Renewable Fuel Standard, refiners must blend billions of gallons of biofuels into the nation’s fuel mix, or buy tradeable credits, known as RINs, from those that do. [ read more … ]

Carbon Capture

Carbon capture and storage: From dream to reality

By Patrick C. Miller, UND Today  •    •  Posted November 3, 2022

Nearly 15 years ago, before he became CEO of UND’s Energy & Environmental Research Center, Charlie Gorecki worked on carbon capture systems with an eye on a specific North Dakota industrial facility where he believed carbon dioxide could be extracted and safely stored underground. The idea was to remove CO2 during the ethanol production process and pump it into an underground geologic formation where millions of tons could be stored, thus reducing the carbon footprint of the ethanol plant and its product. Gorecki thought the Red Trail Energy ethanol plant near Richardton, N.D., and the geology beneath it represented the ideal opportunity to demonstrate the technology’s promise. [ read more … ]

Tech companies driving CO2 removal are in financial free fall

By Corbin Hiar, E&E News  •    •  Posted November 3, 2022

A handful of major corporations that founded the Frontier climate initiative have been rocked by financial and legal challenges, raising questions about their nearly $1 billion bid to remove carbon from the atmosphere. The valuations of four Frontier founders — Google parent company Alphabet Inc., Meta Platforms Inc., Shopify Inc., and Stripe Inc. — have collectively dropped by more than $1.5 trillion this year. The market capitalization of online payments platform Shopify and Meta, the company formerly known as Facebook, have been particularly hard hit: Each has plummeted by more than 70 percent since the end of 2021. [ read more … ]

States

Federal agencies sue Iowa biofuels producer while providing millions in aid

BY: CLARK KAUFFMAN, Iowa Capital Dispatch  •    •  Posted November 3, 2022

An Iowa biofuels producer that stands to collect $3.9 million in federal assistance is also being sued by the federal government over alleged violations of the Clean Air Act. In June, the U.S. Department of Agriculture announced $70.8 million in grants to help provide financial support for 10 Iowa biofuel producers that sustained unexpected market losses due to the COVID-19 pandemic. [ read more … ]

Markets

U.S. Sets Timeline for Oil Price Cap Enforcement

By Alan Rappeport, New York Times  •    •  Posted November 3, 2022

Russian oil that is set to be hit with European sanctions in early December can continue to be shipped without penalty as long as it is loaded onto ships by that deadline and reaches its global destinations by mid-January, the Treasury Department said on Monday. The announcement could provide some leeway for the Biden administration and its allies, which have been racing to finalize and impose a price cap on Russia’s oil exports before a European embargo on Russian oil goes into effect at the end of the year. [ read more … ]

EVs

Many in WA oppose gas-car ban, poll shows — but electric vehicle demand is high

By Isabella Breda, Seattle Times  •    •  Posted November 3, 2022

So far, fully electric vehicles have made up an average of 6% of new vehicle registrations each month in Washington, according to the state Department of Licensing. That’s about double the monthly average in 2020. And nationwide, electric vehicle registrations were up 60% in the first three months of 2022, even as the overall market was down 18%. But according to a recent poll, Washingtonians may have mixed feelings about what Gov. Jay Inslee called a “critical milestone” in the climate change fight: a statewide ban on the sale of new gas cars by 2035. [ read more … ]

 

 

 

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