Legislation introduced last week in the House would extend expiring tax incentives important to the development of next generation biofuels. Rep. Scott Peters (D-CA) introduced the “Second Generation Biofuels Extension Act of 2013” (H.R. 3758) which would extend for one year the Second Generation Biofuel Producer Credit and the Special Allowance for Second Generation Biofuel Plant Property. Four fellow Democrats …
Analyst Offers Sobering Ethanol Outlook
AgResource Company president Dan Basse looked at the year in review for grain markets and gave his outlook for the future at the American Seed Trade Association (ASTA) CSS 2013 and Seed Expo last week in Chicago. That included a pretty sobering outlook for corn and ethanol. First off, Basse said he expects North America to be “energy self-sufficient by …
USDA Increases Corn Use for Ethanol
Despite the Environmental Protection Agency proposal to lower corn ethanol volume obligations for 2014 under the Renewable Fuel Standard (RFS), USDA’s December supply/demand report is predicting a 50 million bushel increase in corn use for ethanol next year. Ending stocks are now expected to total 1.792 billion bushels, down 5 percent from last month’s estimate. The new report also calls …
Big Turnout Expected for EPA RFS Hearing
A huge turnout is expected Thursday at a public hearing on the Environmental Protection Agency’s proposed Renewable Fuel Standard volume obligations for 2014. Literally busloads of stakeholders, both opposed to and in favor of cutting the requirements, are attending the hearing at the Hyatt in Crystal City, Virginia. Iowa Governor Terry Branstad will be attending with several Iowa livestock producers, …
RFS Proposal Could Devastate Rural Economy
Representatives from state government, the agriculture community, and the ethanol industry all say the Environmental Protection Agency’s proposed 2014 Renewable Fuel Standard (RFS) biofuels requirements would have a negative impact on agriculture and rural economies. During a telephone press discussion today about the proposal, Iowa Governor Terry Branstad said he was proud of his state’s leadership in biofuels production and …
EPA to Hold Hearing on RFS Proposal
The Environmental Protection Agency has scheduled a public hearing on its proposal to lower the volume obligations under the Renewable Fuel Standard (RFS) for 2014. According to a notice in the Federal Register, the hearing will be held December 5 at the Hyatt Regency Crystal City in Arlington, Virginia. The event will begin at 9:00 in the morning and “end …
Questions About EPA Authority for RFS Waiver
Even before the Environmental Protection Agency officially released its proposed 2014 Renewable Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS), questions arose about whether the EPA is overstepping its authority. University of Illinois Clinical Assistant Professor of Law and Policy Jonathan Coppess, former counsel to the Senate Ag Committee and former administrator for USDA, says there is a legal …
Biodiesel Booth at NAFB Talks Food & Fuel
Biodiesel producers had plenty to talk about … and plenty of ears to listen … during the recent National Association of Farm Broadcasters (NAFB) meeting in Kansas City. Makes sense, when you consider how connected the farming and biodiesel industries have been over the years. We caught up with two folks from the National Biodiesel Board at the group’s booth …
Ethanol Groups Talk to Farm Broadcasters
Ethanol was well represented at the National Association of Farm Broadcasting annual meeting last week in Kansas City to talk with reporters about issues facing the industry. Bob Dinneen, Robert White and Dawn Moore with the Renewable Fuels Association (RFA) did a number of interviews with farm broadcasters about important topics, like the growth in the number of stations offering …