A new study shows that the Biodiesel Tax Credit helped the industry support $21.6 billion in economy-wide sales, employment for over 60,000 workers with wages and benefits totaling $3.8 billion, and nearly $2 billion in state and federal tax revenues combined in 2017. The analysis by FTI Consulting – “The Biodiesel Industry: Impacts on the Economy, Environment and Energy Security” …
EPA Finalizes RFS Renewable Fuel Volumes
The Environmental Protection Agency (EPA) has released the finalized rule for required renewable fuel volumes under the Renewable Fuel Standard (RFS) program for 2019, and biomass-based diesel for 2020. The key elements of the final rule include maintaining the “conventional” renewable fuel volumes, primarily met by corn ethanol, at the current 15-billion gallon level set by Congress for 2019; increasing …
Woolley Fuel Marks 10 Years of Biodiesel Service
Woolley Fuel of New Jersey is celebrating its 10th year as a distribution location providing high quality biodiesel to consumers across the Garden State. Woolley Fuel was started in 1924 by two brothers Herbert and Norman W. Woolley Sr. Their desire was to start a coal company similar to their father’s and found potential in Maplewood, New Jersey. The brothers …
Novozymes Launches New Yeast Technology
Novozymes has just launched its next yeast technology, Innova Lift, for the starch-based ethanol industry. The product follows the launch earlier this year of the yeast platform, Innova, and the first product, Drive. Brian Brazeau, Novozymes’ Vice President for Biofuels Commercial says Lift targets ethanol plants with long fermentation times, “delivering greater tolerance to common stressors such as high temperature …
Ethanol Stakeholders Welcome E15 Announcement
Christmas came very early this year for ethanol stakeholders who have been pressing for sales of E15 to be allowed year round, as President Trump announced he was instructing the Environmental Protection Agency (EPA) to initiate a rulemaking process that would extend the summer Reid Vapor Pressure waiver to E15. “What it really means is that we’re helping our farmers,” …
Growth Energy Hosting 9th Biofuels Summit
Growth Energy is holding its 9th Annual Biofuels Summit in Washington, D.C., this week to visit with lawmakers on behalf of the ethanol industry for a strong Renewable Fuel Standard, year-round sales of E15, and access to more international markets. Attendees will also have the opportunity to hear from a number of exciting guest speakers, including U.S. Secretary of Agriculture …
Export Exchange Announces Keynote Speaker
Roger Watchorn, group leader at Cargill Agriculture Supply Chain North America (CASCNA), will be the keynote speaker for Export Exchange 2018 Oct. 22-24 in Minneapolis. Watchorn and his team are responsible for setting the culture and strategic direction for the domestic and export grain, oilseed processing, crop inputs, biodiesel, and Cargill Marine & Terminals businesses in Canada, the United States, …
Farm Bill Conference Committee Meets This Week
The 2018 Farm Bill Conference Committee will hold its first public meeting this week on Wednesday, September 5 at 9:30 am Eastern. Agriculture Committee Chairmen Sen. Pat Roberts, R-Kan., and Rep. K. Michael Conaway, R-Texas, and Ranking Members Sen. Debbie Stabenow, D-Mich., and Rep. Collin Peterson, D-Minn., announced the meeting last month, saying that they are “committed to working together …
Secretary Perdue Comments on Current Issues
Secretary of Agriculture Sonny Perdue visited the Farm Progress Show this week, making an appearance for everyone at the show to enjoy with Max Armstrong and Orion Samuelson in the VIP tent, followed by a press gaggle where trade was the number one topic, along with WOTUS and the Renewable Fuel Standard. Asked about Canada and its dairy policy – …
Iowa RFA Hosts 10th Annual Biofuels Tour
The Iowa Renewable Fuels Association (IRFA) recently hosted the 10th Annual Biofuels: Science and Sustainability Tour, taking nearly 40 participants representing members of Congress from around the country on a biofuels journey through the state, including visits to an ethanol plant, biodiesel plant, family farm, soybean crush facility, and an Iowa fuel retailer. The tour began at the Iowa State …