Renewable Energy Group announced that Daniel J. Oh has resigned as President and Chief Executive Officer and as a member of the Company’s Board of Directors. “The Board appreciates Dan’s work in guiding REG to its position as the industry leader with sales of over $2 billion in 2016, as well as his willingness to assist on transitional matters over …
More Industry Reaction to RFS Proposal
On track for the ethanol industry but a setback for biodiesel is how the majority of stakeholders are viewing the new proposed levels for biofuels under the Renewable Fuel Standard (RFS) that were released Wednesday by the Environmental Protection Agency. In addition to the Renewable Fuels Association and National Biodiesel Board, the following groups are a few that chimed in …
Industry Reacts to Proposed Biofuels Levels
The ethanol industry and corn farmers are pleased, but biodiesel producers and soybean growers are not so much with new proposed levels for biofuels under the Renewable Fuel Standard (RFS) released by the Environmental Protection Agency. The 2018 RFS level for conventional biofuels, including corn ethanol, was maintained at 15 billion gallons, the maximum under current law, which Renewable Fuels …
Biodiesel Industry Considering Options Against Argentina
The U.S. biodiesel industry is considering legal options as imports of subsidized biodiesel have continued to increase since the National Biodiesel Board (NBB) Fair Trade Coalition filed an antidumping petition in March alleging that dumped biodiesel imports from Argentina and Indonesia have injured U.S. producers. “What we’re seeing is a vast amount of imports continue to flood into our ports,” …
Downstate New York Ready for Bioheat
Counties in Downstate New York are set to join New York City in increasing the use of biodiesel in home heating oil, a product called Bioheat® fuel. Legislation passed this week by Assemblyman Steve Englebright (A.6954-A) and Senator Phil Boyle (S.B5422-A) would expand the state’s commitment to renewable energy by requiring heating oil sold in Nassau, Suffolk, and Westchester counties …
Iowa Biodiesel on Capitol Hill for Tax Incentive Reform
Biodiesel advocates from Iowa were on Capitol Hill this week to talk with members of Congress about the need for a reformed biodiesel tax incentive. Bills have been introduced in Congress to reinstate the biodiesel tax credit, and reform it from a blenders credit to a producers credit and fix a loophole where foreign biodiesel producers can take advantage of …
DieselSellerz to Promote Biodiesel
The DieselSellerz are going bio with the Minnesota Soybean Research & Promotion Council (MSR&PC) to promote biodiesel. The DieselSellerz is the “world’s largest diesel truck classifieds community,” with a crew that has become known for building and giving away tricked-out diesel trucks, as well as other antics, on the Discovery Channel show “Diesel Brothers.” The crew will take on the …
New Iowa Governor Prioritizes Biofuels
Like her predecessor, the new governor of Iowa intends to make renewable fuels a priority in her administration. In her inaugural speech on Wednesday, Iowa Governor Kim Reynolds made innovating Iowa’s energy policy her second priority, just behind reforming the state’s tax code. “For years, our fields have fed the world. Now, they energize it. They produce products that fuel …
Branstad Confirmed as Chinese Ambassador
Biofuels interests are pleased with final approval of Iowa Governor Terry Branstad as U.S. Ambassador to China by a vote of 82-13 in the Senate. “While we hate to lose such a passionate supporter for renewable fuels as governor, there are a number of vital trade issues with China that have a major impact on our industry,” said Iowa Renewable …
Ethanol and Biodiesel Groups Testify on Trade Issues
The Renewable Fuels Association (RFA) and the National Biodiesel Board (NBB) both testified at a U.S. Department of Commerce hearing Thursday to provide input on a recent Executive Order concerning significant trade deficits. The NBB testified about the harm being caused to the U.S. biodiesel industry from increasing volumes of imports from Indonesia, while RFA was focused on China’s recent …