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Governors' Biofuels Coalition
NEWS UPDATE November 7, 2022

Top Story

Leaders Gather for COP27 as Fallout From Ukraine War Complicates Climate Talks

By Eric Niiler and Chao Deng, Wall Street Journal  •    •  Posted November 7, 2022

World leaders began to converge on Egypt on Monday at the outset of two weeks of climate talks overshadowed by the war in Ukraine and energy-market turmoil. French President Emmanuel Macron and U.K. Prime Minister Rishi Sunak will help kick off the proceedings, while President Biden will join the talks later in the week. Absent from the summit are the leaders China and Russia, countries that have a pivotal role in shaping the global energy map. [ read more … ]

Inflation Reduction Act

Auto companies want feds to clear the battery fog

By David Ferris, E&E News  •    •  Posted November 7, 2022

Automakers are worried about the federal government’s new subsidies for electric vehicles, and they want clarity right now. That’s the take-home message from comments auto companies sent to the IRS by a deadline of last Friday. They sought to point out the many ways for automakers to fall afoul of the rules and be unable to offer their customers a tax break. The new rules should “properly account for the realities and complexity of the battery supply chain,” said General Motors Co., America’s largest automaker, in its comments. [ read more … ]

Climate

Why America’s climate law is causing rifts at COP 27

By Jean Chemnick, E&E News  •    •  Posted November 7, 2022

While delegates gathering in Egypt for this year’s global climate talks say they’re glad the U.S. finally has a climate law in hand, the Democrats’ law has sparked significant controversy with even its closest allies. The measure has attracted widespread criticism from U.S. trading partners, in large part because the Inflation Reduction Act is saturated with provisions that seek to encourage U.S. production of electric vehicles and green energy. Those incentives have angered both rich and poor countries and opened the door to trade disputes. [ read more … ]

As COP27 Convenes, RFA Stresses Ethanol’s Low-Carbon Benefits and Net-Zero Future

By RFA  •    •  Posted November 7, 2022

Leaders from around the world are gathering over the next two weeks in Egypt for the 2022 United Nations Climate Change Conference, also known as COP27. As governments and businesses consider options for reducing global greenhouse gas emissions and combatting climate change, the Renewable Fuels Association has a simple message for COP27 delegates: Ethanol is a low-carbon renewable fuel available today to help meet climate goals—and it’s well on its way to net-zero carbon emissions in the not-too-distant future [ read more … ]

Politics

Energy issues prominent in midterm closing arguments

By Manuel Quiñones, Jonathan Miller, E&E News  •    •  Posted November 7, 2022

Energy and environment talking points have been prominent as Democratic and Republican leaders scramble to sway voters ahead of the midterm elections. President Joe Biden joined former President Barack Obama for a rally in Philadelphia on Saturday to support gubernatorial candidate Josh Shapiro and Lt. Gov. John Fetterman, who is running against Republican Mehmet Oz in one of the toughest Senate contests this year. [ read more … ]

Markets

Biofuel Groups Urge Congress to Avoid Rail Strike

By Cindy Zimmerman, AgWired  •    •  Posted November 7, 2022

The Renewable Fuels Association (RFA) joined nearly 200 organizations representing agricultural, food and renewable fuels industries last week in a letter urging Congress to act quickly to prevent a rail strike and service shutdown on November 19, the deadline for unions and railroads to finalize an agreement. [ read more … ]

 

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