Legislation that would immediately repeal the Volumetric Ethanol Excise Tax Credit, or VEETC, is drawing criticism from ethanol interests. U.S. Senators Tom Coburn (R-OK) and Ben Cardin (D-MD) this week introduced the repeal as an amendment to the small business reauthorization bill, currently under consideration in the Senate. “The ethanol tax credit is bad economic policy, bad energy policy and …
POET Opens 27th Ethanol Plant in Indiana
The largest ethanol producer in the world got a little bigger today, and so did Indiana’s ethanol production capacity. POET opened its 27th ethanol plant and fourth plant in Cloverdale, Indiana with a grand opening event that included ethanol industry and government leaders, area farmers, new team members and area residents. The opening of POET Biorefining – Cloverdale represents an …
USDA Offers Renewable Energy Funding
USDA is seeking applications to increase the production and use of renewable energy sources under three different USDA Rural Development renewable energy programs authorized by the 2008 Farm Bill. USDA is now accepting applications for loan guarantees in the Biorefinery Assistance Program, Repowering Assistance Program, and the Bioenergy Program for Advanced Biofuels. USDA is making approximately $463 million available under …
Corn Ethanol Walks the Line Song
Here’s another video clip from the ethanol producer group known as “Green Floyd” that played at the recent National Ethanol Conference. The Green Floyd band is made up of Frontline Bioenergy CEO Bill Lee, Neil and Tom Koehler with Pacific Ethanol and Paul Kamp with Inbicon. This song is a parody of Johnny Cash’s “I Walk the Line” with lyrics …
Global Ethanol Leaders Together
In the great tradition of saving the best for last, the 2011 National Ethanol Conference concluded with a lively panel discussion featuring global ethanol leaders. Those on the panel were (LtoR) George Fitch, Director of the Caribbean Basic Ethanol Producers Association; Bob Dinneen, president and CEO of the Renewable Fuels Association; Marcos Jank, president and CEO of Brazil’s UNICA; Robert …
Clinton Strikes Nerve with Ethanol Comment
Former President Bill Clinton struck a raw nerve with ethanol supporters with his comments at the U.S. Department of Agriculture’s annual Outlook Forum today. “We have to become energy independent but we don’t want to do it at the expense of food riots,” Clinton said, calling for a periodic reassessment of the industry “with 3-5 year time horizons based on …
GM Test Drive at Ethanol Conference
GM featured test drives in new Flex Fuel 2011 Buick Regal Turbos and GMC Terrains at the Renewable Fuels Association (RFA) 2011 National Ethanol Conference and dozens of attendees took advantage of the opportunity. Pictured is RFA board member Ray Defenbaugh of Big River Resources West Burlington preparing to take a spin in a Regal Turbo. I took a drive …
National Ethanol Conference Wrap Up
The Renewable Fuels Association (RFA) celebrated 30 years of advocating for ethanol this week during the 16th annual National Ethanol Conference in Phoenix. This edition of “The Ethanol Report” podcast features an interview with RFA president and CEO Bob Dinneen on the conference, the state of the ethanol industry, the new Advanced Ethanol Council and recent developments in Congress regarding …
National Ethanol Scholarship Winners
For the second year, the Renewable Fuels Association and the Renewable Fuels Foundation sponsored the National Ethanol Conference Scholarship program to help students pursuing advanced education in ethanol related careers to attend the conference. This year’s five winners hailed from all over the country and are interested in a variety of areas related to the ethanol industry. From left to …
Corn Forecast Bright for Ethanol
Corn stocks may be a little tight right now, but National Corn Growers Association CEO Rick Tolman thinks that is probably a short term situation “Still our biggest challenge is that we can overproduce the market,” Tolman said during an interview after a presentation at the National Ethanol Conference on Monday. “Farmers respond to incentives, there’s an incentive right now …