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Governors' Biofuels Coalition
NEWS UPDATE January 29, 2024

Top Story

Ethanol Maker Poet Agrees to Ship Carbon on Summit Pipeline

By Kim Chipman, Bloomberg  •    •  Posted January 29, 2024

Poet LLC, the world’s top corn-ethanol producer, is teaming up with a company proposing a massive carbon-capture and storage project in the US as it pushes to slash biofuel emissions and tap into demand for sustainable aviation fuel and other burgeoning markets. Summit Carbon Solutions has agreed to ship carbon dioxide from 17 Poet facilities through its proposed pipeline in the heart of the Corn Belt, giving the project a total of 51 ethanol plants and raising total capital expenditures 45% to $8 billion, according to Summit. South Dakota-based Poet is banking on the project just months after a similar pipeline plan it was part of was scrapped amid regulatory obstacles and opposition from landowners. [ read more … ]

Carbon Capture

Poet to Add 17 Plants to CO2 Pipeline

By Todd Neeley, Progressive Farmer  •    •  Posted January 29, 2024

Poet LLC agreed to connect all its ethanol plants in Iowa and South Dakota to Summit Carbon Solutions’ proposed carbon pipeline as Summit continues to work through regulatory hurdles to build what would be a 1,250-mile pipeline across five states. The announcement comes just days after the grand opening of what is believed to be the world’s first sustainable aviation fuel plant in Soperton, Georgia. Just last week, Iowa agriculture and biofuels officials called for widespread adoption of carbon capture and sequestration among Iowa ethanol plants to make the industry more attractive to SAF production. [ read more … ]

North Dakota commissioners say counties won’t be able to restrict Summit Carbon pipeline

By Donnelle Eller, Des Moines Register  •    •  Posted January 29, 2024

The Ames-based company that wants to build a $5.5 billion carbon capture pipeline across Iowa and neighboring states got a boost as North Dakota regulators signaled cities and counties there will be unable to impose local restrictions on pipelines tougher than those the state already has in place. Randy Christmann, chair of the North Dakota Public Service Commission, said during a work session Friday that North Dakota law makes it clear a state-issued permit for the construction of a pipeline “supersedes and preempts any local land use or zoning regulation.” [ read more … ]

RFS

Refiners ask EPA for RFS credit overhaul, but biofuels producers resist

By Stuart Parker, Inside EPA  •    •  Posted January 29, 2024

Small refiners are urging EPA to improve its “unlawful” renewable fuel standard (RFS) credit trading system by excluding third parties that lack compliance obligations from participation, in refiners’ latest push to overhaul a market they say is stacked against them, though biofuels groups say the current arrangements are “effective and efficient.” However, biofuels producers argue the petition is just the latest attempt by some refiners to escape their fundamental obligation to comply with the RFS, which they could achieve by blending biofuels themselves.
[ read more … ]

Biden Administration

Democrats Say Biden Hasn’t ‘Made the Case’ on Climate Despite Achievements

By Lisa Friedman, New York Times  •    •  Posted January 29, 2024

President Biden has done more than any president to tackle climate change, but strategists are grappling with an uncomfortable fact: Voters don’t seem to know it. Mr. Biden has orchestrated the biggest ever federal investment in clean energy and electric vehicles and has proposed what would be the first limits on planet-warming pollution from power plants as well as the tightest restrictions on tailpipe emissions. He is cracking down on methane, a potent greenhouse gas, that leaks from oil and gas wells. Taken together, these efforts could substantially reduce the country’s contribution to global warming. [ read more … ]

Biden confronts climate challenge that tested Obama

By Benjamin Storrow, Sara Schonhardt, E&E News  •    •  Posted January 29, 2024

A decade after former President Barack Obama labeled natural gas a “bridge fuel” in his 2014 State of the Union address, his former vice president is grappling with how far to extend its use. President Joe Biden’s decision last week to pause reviews of proposed terminals that would export liquefied natural gas ignited a political firestorm. Environmentalists praised the president, saying it showed he is serious about phasing out fossil fuels and confronting climate change. Business groups said it would drive other countries into the arms of both the coal industry and gas-producing nations such as Russia, which have fewer environmental rules to control emissions. [ read more … ]

Congress

Border fight keeps delaying disaster, energy funding

By Andres Picon, E&E News  •    •  Posted January 29, 2024

Partisan haggling this week over a long-awaited immigration proposal could further delay action on a pair of supplemental spending packages containing billions of dollars for disaster response and millions more for energy programs. Negotiations over the contents of the immigration and border security bill have already delayed votes on the supplementals for more than three months. [ read more … ]

 

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