Please add the Governors' Biofuels Coalition to your address book for uninterrupted delivery
View this email in a web browser.
Governors' Biofuels Coalition
NEWS UPDATE November 22, 2013

Voice RFS level concerns at protecttherfs.com

by Lynn Grooms in Farm Industry News Blog  •    •  Posted November 22, 2013

If biofuels have helped improve your income and your community, tell Washington — now. There’s a petition online at ProtectTheRFS.com, a new website launched by Iowa Governor Terry Branstad and Iowa Lt. Governor Kim Reynolds. The website is designed to voice concerns about the EPA’s proposal to reduce RFS levels for 2014. If you have a website, you might add a link to it. [ read more … ]

The Biofuels Renewable Fuel Standard at a Crossroads

by Wallace E. Tyner – James and Lois Ackerman Professor, Purdue University  •    •  Posted November 22, 2013

So what is behind the differences in both my suggested values and the EPA proposal? The biggest difference in my original post and EPA is in the level of the corn ethanol mandate. EPA put the level significantly below the blend wall and made no account of possible growth of E85. I think it is a mistake to put the RFS that low. When Congress passes a mandate, they expect it to pull the mandated product into the market. Otherwise, they would not pass a mandate. [ read more … ]

Analysis: Still-pricey ethanol credits show risk of EPA rule challenge

By Cezary Podkul, Reuters  •    •  Posted November 22, 2013

In theory, the U.S. Environmental Protection Agency’s move last week to slash the amount of ethanol to be blended into gasoline next year should have reduced the value of volatile compliance credits to near zero. With a lower ethanol blending target next year, there is little incentive for refiners to stock up on so-called Renewable Identification Numbers (RINs), credits used to show they have met their quota for using biofuel. With the 2014 target easily within reach, there should be a surplus of RINs available next year to fulfill the EPA’s mandate. Instead, after a brief dip, ethanol RINs are now trading at around 21 cents each, less than a nickel below where they were before the EPA’s announcement. The surprisingly small decrease illustrates the premium that traders are placing on the uncertainty hanging over the agency’s controversial decision to put the brakes on eight years of biofuel growth. [ read more … ]

It isn’t only corn: Brazilian sugar cane ethanol worries about changes in RFS

By Herman Wang, Platts  •    •  Posted November 22, 2013

“What matters to the RFS is not where the fuel comes from, but how the fuel performs,” Phillips said in an interview. “Obviously there are folks in the domestic market who try to push that [home-grown] card to EPA or the administration, but at the end of the day, it’s about how do you score on reducing GHG emissions. We have a much stronger argument in terms of the performance of our fuel.” [ read more … ]

Oil Industry And Others Cheer EPA’s Ethanol Proposal

TRACY SAMILTON, NPR  •    •  Posted November 22, 2013

Here in the United States, oil refiners are happy about last week’s federal proposal to cap the amount of ethanol in a gallon of gasoline at 10 percent. Other industries cheered, too, those including small engine manufacturers, chicken farmers, and others who opposed upping ethanol content. [ read more … ]

EPW Republicans Release New Report on Cooperative Federalism: Administration Leaves States Behind on Clean Air Act Implementation

Luke Bolar, Senate Energy & Public Works Committee  •    •  Posted November 22, 2013

Today, the Environment and Public Works Committee (EPW) Republicans released a report on cooperative federalism, entitled, “Neglecting a Cornerstone Principle of the Clean Air Act: President Obama’s EPA Leaves States Behind.” The report chronicles the Administration’s growing failure to adhere to the cooperative federalism approach in working with States as established in the Clean Air Act. [ read more … ]

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