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Governors' Biofuels Coalition
NEWS UPDATE September 3, 2013

Is ethanol’s number up?

BY STEVE EVERLY, The Kansas City Star  •    •  Posted September 3, 2013

As bureaucratic terms go, “Renewable Identification Numbers” sound innocent enough. But the numbers, one for each gallon of ethanol, have become a flash point for ethanol and its role in the country’s energy policy. That’s because the numbers — RINs for short — also act as renewable energy credits for refiners, who have to blend a certain amount of ethanol into their gasoline to meet annual federal quotas. If they don’t, they face stiff financial penalties. Those can be avoided by buying the credits from others who have more than they need. [ read more … ]

How safe is ethanol shipping?

Written by CHRISTOPHER DOERING | | GANNETT WASHINGTON BUREAU  •    •  Posted September 3, 2013

The May derailment of a Canadian Pacific train five miles outside of Charles City in northern Iowa hasn’t caused residents to question the safety of shipping the corn-based fuel by rail, despite concerns elsewhere. Farmers nearby grow row upon row of corn that is shipped to local ethanol plants, including a Valero facility just two miles northwest of town. The ethanol plants have attracted jobs and helped pump money into local businesses that populate the community of nearly 7,700 residents. [ read more … ]

U.S. Sells Sugar at Loss to Ethanol Maker to Ease Surplus

By Alan Bjerga -, Bloomberg  •    •  Posted September 3, 2013

The U.S. Department of Agriculture sold 7,118 short tons of beet sugar to an ethanol producer at a loss of $2.7 million as part of a program to reduce a domestic surplus of the sweetener and stave off government subsidies.
The sugar was purchased by the USDA’s Commodity Credit Corp. for $3.6 million and then sold it for about $900,000 to Front Range Energy LLC, a Windsor, Colorado, producer, the department said today. The sweetener, for which the USDA sought 25.2 cents a pound, was purchased for 6 cents. The transaction was the first under the Feedstock Flexibility Program created in 2008. [ read more … ]

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