Marine biofuels provider GoodFuels is teaming up with Renewable Energy Group, Inc. for the supply and development of sustainable marine biofuel solutions for the global shipping industry. With REG’s expertise in biofuels and GoodFuels’ pioneering strengths, both companies are playing an important role in enabling the decarbonization efforts for shipping companies. This announcement reinforces GoodFuels’ mission to become the favored …
Feenstra Bills Would Study EV Costs, Biojet Fuel Options
Rep. Randy Feenstra (R-IA) has introduced legislation in the U.S. House of Representatives that would explore ways the federal government could use biofuels to reduce transportation costs while lowering carbon emissions. The Comparison of Sustainable Transportation (COST) Act and the Biojet Fuel Research Act “aim to help consumers and taxpayers save money while also bolstering demand for corn, soybeans, and …
Senators Request White House Meeting to Talk Biofuels
Sen. John Thune (R-SD), along with Sen. Chuck Grassley (R-IA) and several Senate colleagues, are requesting a meeting with President Biden and representatives of his cabinet to discuss the Renewable Fuel Standard and promote biofuels as a key solution for America’s energy and climate agenda. The senators made a similar request in July and received no response. “Mr. President, biofuels …
Groups Urge White House to Embrace Biofuels
Ten biofuel and farm advocacy organizations are asking President Biden to “swiftly expand access to lower-carbon, lower-cost biofuels as the administration seeks to address the rising cost of fuel.” In a letter to the White House, rural leaders noted that biofuels hold the power to “insulate consumers from volatile oil markets by extending the fuel supply, much like releasing oil …
Senators Seek Answers on Biofuels COVID Assistance
Sen. Chuck Grassley (R-IA) and several of his Senate colleagues sent a letter this week to Secretary of Agriculture Tom Vilsack asking him to explain the delay in delivering financial assistance to biofuels producers negatively impacted by the COVID-19 pandemic. In June 2021, the U.S. Department of Agriculture (USDA) announced $700 million in aid to biofuel producers as part of …
MN Working Toward Clean Fuel Standard
Minnesota Governor Tim Walz last week directed state agencies to explore ways to reduce climate change impacts from transportation fuels through a Clean Fuel Standard (CFS) in the state. The state Departments of Agriculture and Transportation will lead the process to engage a broad cross-section of stakeholders statewide to identify shared goals and opportunities. The agencies will provide a report …
Sen. Thune Criticizes Democrat Agenda
Sen. John Thune (R-SD) spoke out on the Senate floor this week about Democrat policies that he says are harmful to farmers and ranchers. “For starters, I’m worried that Democrats’ bill could mean the end of some family farms thanks to the bill’s expansion of the death tax,” said Thune. “Death should not be a taxable event.” Sen. Thune also …
USDA Announces Climate Smart Efforts
Agriculture Secretary Tom Vilsack announced a new initiative Wednesday to “finance the deployment of climate-smart farming and forestry practices to aid in the marketing of climate-smart agricultural commodities.” USDA will support a set of pilot projects that provide incentives to implement climate smart conservation practices on working lands and to quantify and monitor the carbon and greenhouse gas benefits associated …
No RVO Proposal Yet
The biofuels industry was left hanging Friday when the rumored release of proposed blending obligations under the Renewable Fuel Standard (RFS) failed to happen. American Coalition for Ethanol (ACE) CEO Brian Jennings said late Friday they remain hopeful the numbers that were reported would also prove incorrect. “We hope they’re wrong,” said Jennings. “If they are right, it just seems …
House Republicans Urge Biden to Uphold RFS
U.S. Representative Rodney Davis (R-IL) and a group of House Republicans, including House Biofuels Caucus co-chairs Adrian Smith (R-NE) and Dusty Johnson (R-SD), are urging President Biden to keep his promise on upholding the Renewable Fuel Standard (RFS). Recent reports indicate the Biden Administration is taking steps to weaken Renewable Volume Obligations (RVOs) which would reduce the demand for biofuels, …