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Governors' Biofuels Coalition
NEWS UPDATE August 14, 2013

USDA expects a record corn year, despite drought and floods

Tiffany Stecker, E&E reporter  •    •  Posted August 14, 2013

A 13.8-billion-bushel projection for corn this year signals a record high of acres planted, according to the Agriculture Department’s latest crop production outlook. If realized, this would indicate a 28 percent increase over last’s year crop, which was devastated by drought over the Corn Belt. While acres have expanded, however, the yield — or number of bushels of corn per acre — has decreased from 163.6 bushels per acre in February to 154.4 bushels per acre, a nearly 6 percent drop. Nonetheless, the yields are up 31 bushels per acre from last year’s outcome. [ read more … ]

World’s largest cellulosic ethanol plant starts up in Italy

  •    •  Posted August 14, 2013

vAn Italian company has opened the world’s largest cellulosic ethanol plant and aims to export the technology to as many as 25 other locations in the next four years. Beta Renewables, a $350 million joint venture of chemical company Gruppo Mossi & Ghisolfi and capital investment firm TPG, says its plant in Crescentino, Italy, is the first to produce cellulosic ethanol on a commercial scale at a price competitive with corn ethanol and gasoline. [ read more … ]

Oil industry asks EPA to lower next year’s ethanol mandate

Amanda Peterka, E&E reporter  •    •  Posted August 14, 2013

Oil industry trade groups today formally requested that U.S. EPA lower its ethanol targets for next year, citing the cost to refineries of meeting the goals in an age of decreased gasoline demand. In a waiver request, the American Petroleum Institute and American Fuel & Petrochemical Manufacturers are asking that the agency reduce its 2014 renewable fuels target to below 10 percent of total gasoline supply in the country. Such a level, API said, would provide short-term relief for refiners faced with increased costs under EPA’s credit trading program for ethanol. [ read more … ]

Once-revered biofuels are finding political ground shifting beneath them

By Jonathan Kingsman, Platts  •    •  Posted August 14, 2013

Earlier this year BP published its Statistical Review of World Energy 2013 – the 62nd annual report – that highlighted the largest single-year increase in US oil production ever recorded, and the first annual decline (-0.4%) in global biofuels production since 2000. The decline in biofuels production was largely due to a decline in the US (-4.3%). At the recent FT Commodity Conference in Lausanne, the CEO of Cargill warned that biofuels are losing political support. He argued that a few years back biofuels had the backing of three powerful constituencies (lobbies). The first, of course, was the Northern Hemisphere farmers who were keen to bring more land back into production and have another outlet for their crops. [ read more … ]

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