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Governors' Biofuels Coalition
NEWS UPDATE October 2, 2013

Senate bill introduced to expand ethanol market

Amanda Peterka, E&E reporter  •    •  Posted October 2, 2013

Legislation introduced this week in the Senate would create a system of supports to build up the nation’s renewable fuel infrastructure and roll out gasoline that contains higher amounts of ethanol. The bill would create a $1 billion grant program for the installation of ethanol pumps at gas stations, require the Department of Energy to issue new regulations that compel fuel distributors to install at least one ethanol pump at half their gas stations by 2022, and create a loan guarantee program to fund renewable fuel pipelines. [ read more … ]

Ethanol now being mixed into some premium blends of gasoline in Iowa

October 1, 2013 By Matt Kelley, Radio Iowa  •    •  Posted October 2, 2013

Most Iowans are seeing new choices in fuel at their local gas stations. Many pumps will now have ethanol stickers above two handles instead of just one. Due to a national change in how gasolines are being refined, some premium blends will now contain corn-based ethanol. Monte Shaw, executive director of the Iowa Renewable Fuels Association, says it’s been a quiet, yet monumental, change. “Premium gasoline without ethanol is very expensive and so by blending that 10% ethanol into the premium, they can lower that cost,” Shaw says. “Consumers are really going to have some options. To me, that’s a good thing. Let consumers pick the product and the price point they want, but it is different than what we’ve seen for 30 years.” [ read more … ]

Steyer joins with Bloomberg, Paulson in ‘Risky Business’ alliance

Elana Schor, E&E reporter  •    •  Posted October 2, 2013

Wealthy climate activist Tom Steyer, best known for his campaign-trail fight against the Keystone XL oil pipeline, today took a bipartisan turn in a new alliance with New York City Mayor Michael Bloomberg and former GOP Treasury Secretary Hank Paulson that focuses on the economic risks of climate change. The trio’s project, dubbed “Risky Business,” aims to harness the data-driven expertise of industries that are poised to take a financial hit from — and, in some cases, already are planning for — unchecked global warming. Yet whether the heavy hitters attached to the new study can make a dent in Washington’s current climate policy impasse, and whether Steyer’s affinity for political combat over energy issues steals attention from the effort, remains unclear. [ read more … ]

USDA takes 80% loss in sugar sale to bioenergy producers

Amanda Peterka, E&E reporter  •    •  Posted October 2, 2013

The Agriculture Department purchased $65.9 million worth of sugar and sold it to biofuel producers for a $53.3 million loss in its second use of the federal sugar-to-ethanol program. USDA said yesterday that it purchased the 136,026 short tons of refined beet sugar in September through a competitive bidding process under the Feedstock Flexibility Program, a 2008 initiative meant to help boost falling sugar prices. The department’s Commodity Credit Corp. immediately sold the sugar to bioenergy producers for $12.6 million. [ read more … ]

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