The Renewable Fuels Association (RFA) commemorated the 15th anniversary of President George W. Bush’s signing of the Energy Policy Act of 2005, which created the Renewable Fuel Standard, by releasing a new report detailing how the policy has driven innovation in the ethanol industry to benefit the nation. President Bush signed the act August 8, 2005. “As you’ll see in …
Ethanol Production Up and Down in July
U.S. ethanol production took a step back last week, after taking two steps forward the week before. According to EIA data analyzed by the Renewable Fuels Association for the week ending July 31, ethanol production moderated by 2.8%, or 27,000 barrels per day (b/d), to 931,000 b/d—equivalent to 39.10 million gallons daily. Production remained 10.5% below the same week in …
Ethanol Industry Comments on IRS Carbon Credit Proposal
Comments on proposed Internal Revenue Service regulations regarding the credit for carbon oxide sequestration under section 45Q of the Internal Revenue Code closed this week and ethanol supporters have provided input. The ethanol industry generally supports the Carbon Capture Coalition, which was convened by the Great Plains Institute (GPI) and formed to help realize carbon capture’s full potential as a …
RFA Offers USDA Renewable Fuels Innovation Agenda
The Renewable Fuels Association provided USDA with a roadmap to renewable fuel growth in comments on its Agriculture Innovation Agenda (AIA). The agenda calls for “increased biofuel feedstock production and biofuel production efficiency and competitiveness to achieve market-driven blend rates of E15 in 2030 and E30 in 2050.” RFA’s response identified the following five opportunities for the industry: Increasing productivity …
Ethanol Report 7-31-20
Ethanol exports have taken a hit this year due to the pandemic, but there are still reasons to be optimistic about this important market for the industry. In this episode of The Ethanol Report, we hear from Renewable Fuels Association (RFA) General Counsel Ed Hubbard, who doubles as the organizations international trade expert. We also learn about a new program …
RFA Launches Young Professionals Network
To meet the needs of an evolving workforce in the ethanol industry, the Renewable Fuels Association (RFA) has launched the Young Professionals Network (YPN), a new program geared toward members of the ethanol industry and stakeholder industries who are 39 years old and younger. The YPN is designed to bring together innovative and dedicated young professionals to build new relationships …
Biofuels Vision 2020 Launches Ad Campaign
Biofuels Vision 2020 launched a new ad campaign in Iowa this week expressing concern about the Trump administration’s track record on biofuels, which has become a major focus of debate in key Midwest political races. Display and social media ads will run over the next three weeks, highlighting that “rural America is under siege by Trump’s EPA” and calling on …
ACE Seeks More Specific Aid for Ethanol
The Senate Republicans coronavirus economic relief package unveiled this week includes $20 billion in relief to be used by USDA in addition to the $14 billion in funding the previously enacted CARES Act, which marks the next step toward supplying much needed assistance to the renewable fuels sector. While American Coalition for Ethanol (ACE) CEO Brian Jennings believes ethanol producers …
Senator Wants E15 Available Everywhere
Senator Joni Ernst (R-IA) is urging Environmental Protection Agency (EPA) Administrator Andrew Wheeler to certify biofuel infrastructure for E15 and remove unnecessary labeling to increase consumer access to E15. In a letter to Administrator Wheeler, Ernst wrote, “Two years ago, I worked successfully with you and President Trump to get E15 sold year-round. One year later, we sat in the …
ACE Urges Senate to Include Ethanol in Relief Bill
American Coalition for Ethanol (ACE) CEO Brian Jennings is urging Senate leaders to adopt legislation introduced by Senators Chuck Grassley (R-IA) and Amy Klobuchar (D-MN) in May that would reimburse biofuel producers for a share of feedstocks they purchased and processed into renewable fuel during the first quarter of the year, and making the case to include the plan for …