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Governors' Biofuels Coalition
NEWS UPDATE March 14, 2023

Top Story

US senators seek to expand sales of ethanol-gas blend with support from Big Oil

By Stephanie Kelly, Reuters  •    •  Posted March 14, 2023

U.S. senators reintroduced a bipartisan bill on Tuesday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, with the support of a leading oil trade group. Republican Senator Deb Fischer from Nebraska and Democratic Senator Amy Klobuchar from Minnesota argue that the expanded sales of E15, or fuel containing 15% ethanol, would decrease gasoline prices and reduce U.S. dependence on foreign oil. Year-round sales of E15 have been long sought by the biofuel industry and corn farmers, who would benefit from the increased market. [ read more … ]

Carbon Capture

Iowa Poll: Strong majority opposes using eminent domain for carbon-capture pipelines

By Donnelle Eller, Des Moines Register  •    •  Posted March 14, 2023

At a time when the state is deeply divided politically, Iowans are largely united in their opposition to carbon-capture pipeline companies using eminent domain to force unwilling landowners to sell them access to their property, a new Des Moines Register/Mediacom Iowa Poll shows.  The poll shows 78% of Iowans oppose companies using the state-granted power to build carbon-capture pipelines across the state, while 15% are in favor and 7% are unsure.   [ read more … ]

When Regan says hydrogen, greens hear carbon capture

By Jean Hemnick, E&E News  •    •  Posted March 14, 2023

While Regan didn’t reference carbon capture and storage (CCS) in connection to the upcoming rules, industry groups including the Edison Electric Institute have proposed “CCS-capable” standards that utilities could meet by fitting generating units with turbines appropriate for carbon capture systems. A “hydrogen-capable” standard would involve leaving space for hydrogen pipes and additional emissions control systems to filter out nitrogen oxides from burning hydrogen. [ read more … ]

Clean Fuel Standard

Bill aims to create clean transportation standard in Minnesota

By Erin Voegele, Ethanol Producer Magazine  •    •  Posted March 14, 2023

Legislation currently pending in Minnesota aims to establish a clean transportation standard that would require the state’s transportation fuels to achieve 100 percent reduction in carbon intensity (CI) by 2050. The standard would phase in with a 25 percent CI reduction requirement by 2030, ramping up to a 75 percent reduction by 2040 and a 100 percent reduction by 2050. A statement released by the Great Plains Institute indicates that, if signed into law, the bill will create the strongest statewide clean transportation standard in the U.S. It would also be the first such standard established in the Midwest. [ read more … ]

SAF

Sustainable Aviation Fuel No Quick Fix to Greening Air Travel

By Dieter Holger, Wall Street Journal  •    •  Posted March 14, 2023

Many airlines, corporate flyers and governments see sustainable aviation fuel—chemically similar jet fuel refined from biological waste rather than crude—as a way to reduce aviation’s contribution to global warming. It can cut emissions by up to 80% compared with conventional jet fuel, depending on the feedstock used. At least 30 airlines have promised to use SAF, usually for 10% of their fuel consumption, by 2030. However, there are a number of challenges to widespread use.  [ read more … ]

Politics

Former President Trump talks ethanol, education and takes aim at DeSantis in Iowa speech

By KWWL  •    •  Posted March 14, 2023

Trump called DeSantis “Ron De-Sanctimonious” and slammed DeSantis for wanting to cut subsidies for agricultural products such as ethanol. “He strongly opposed ethanol and fought against it at every turn. And he’s going to do that again because people that come out early for something, that’s where they go, that’s what it is,” Trump said. “He may do something politically, but he was very, very bad on ethanol.” The Former President vowed to rapidly restore American energy independence and energy dominance, with Iowa ethanol playing a part. [ read more … ]

Markets

Competition From the US Is Forcing Europe to Up Its Green Game

By Laura Millan Lombrana, Bloomberg  •    •  Posted March 14, 2023

Some of those European companies — first in private and later in public — have since then started making noise about the wave of American money. On Monday, in a clear exampled of the IRA’s pull,  Volkswagen AG picked a site in Canada for its first battery plant outside of  Europe. The world’s biggest ball-bearings maker, Sweden’s SKF AB, has likewise decided to put its new facility in North America. German chemicals giant BASF SE and steelmaker ArcelorMittal threatened to shrink their presence in Europe, where they’re grappling with soaring energy prices, in favor of the newly incentive-rich US. Swedish battery maker Northvolt AB put an estimated $8 billion total on the tax credits that would come by the end of the decade from moving production to the land of the IRA. [ read more … ]

Seven things to know about Biden’s big oil move

By Robin Bravender, E&E News  •    •  Posted March 14, 2023

The White House seemingly sought to muffle environmentalists’ outcry to the Willow decision by announcing new drilling prohibitions in Alaska over the weekend. The project has become a contentious political issue, pitting Alaska politicians who support the project against environmentalists who oppose drilling on public lands. Monday’s decision likely won’t be the end of the lengthy Willow dispute, as lawsuits challenging the administration’s move are almost certain. [ read more … ]

How Murkowski helped move Biden on Willow

By Emma Dumain, E&E News  •    •  Posted March 14, 2023

For nearly two years, Sen. Lisa Murkowski has played the long game on expanding drilling in Alaska: She has voted for many of President Joe Biden’s key nominees and legislative priorities while relentlessly bending the ears of top White House officials at every opportunity. All that work paid has paid off in a big way. [ read more … ]

Bank’s implosion puts climate tech companies on edge

By Corbin Hiar, Avery Ellfeldt, E&E News  •    •  Posted March 14, 2023

The collapse of Silicon Valley Bank on Friday, the largest U.S. bank failure since the 2008 global financial crisis, has damaged the lending ecosystem that supports startups working to avert the worst impacts of global warming. While the Biden administration took steps over the weekend to prevent the immediate failure of thousands of climate technology and clean energy companies that relied on Silicon Valley Bank, it hasn’t been able to find a buyer willing to take on SVB’s domestic lending portfolio — leaving some major companies scrambling to secure new lines of credit.
[ read more … ]

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