The ethanol industry has rebalanced in 2015 following 18 months of record earnings. As energy prices collapsed late in 2014, so did ethanol prices and plant margins. The report from CoBank, “Ethanol Industry Reblanaces,” has found that ethanol’s supply and demand has remained well balanced, and producers have maintained positive earnings. Looking into 2016, the report finds plant operators will face …
John Hofmeister to Headline #RFANEC
John Hofmeister will be headlining the 21st Annual National Ethanol Conference (NEC) next February 15-17, 2016 in New Orleans. Hosted by the Renewable Fuels Association (RFA), Hofmeister is the founder and CEO of Citizens for Affordable Energy, former president of Shell Oil Company and author of “Why We Hate the Oil Companies: Straight Talk from an Energy Insider. The NEC …
Senator Toomey’s Anti-RFS Amendment Tanks
Senator Pat Toomey (R-PA) introduced an amendment that would eliminate corn ethanol from the Renewable Fuel Standard (RFS). It was promptly defeated by the Senate Committee on Banking, Housing and Urban Affairs by a vote of 15-7. Pro RFS supporters came out en masse against Toomey’s amendment and thanked the Committee for making the right decision on consumer choice at …
Industry Applauds Sen Talent’s RFS Efforts
Yesterday former Missouri U.S. Senator Jim Talent launched Americans for Energy Security and Innovation (AESI), an organization focused on expanding support for the Renewable Fuel Standard (RFS). The ethanol industry responded to the news favorably. “The RFA welcomes AESI to the ongoing efforts to ensure that the RFS remains America’s most successful energy policy,” said Renewable Fuels Association President and …
Former MO Senator Chairs New Pro-RFS Group
Former U.S. Senator Jim Talent from Missouri today launched Americans for Energy Security and Innovation (AESI), a new organization aimed at expanding support for the Renewable Fuel Standard (RFS). “It’s an organization supported by biofuels producers and investors around the country,” said Talent, who notes that the RFS was one of his priorities when he served in the Senate between …
Study: 15B Gallon RFS Can Happen in 2016
According to new research from the Center for Agricultural and Rural Development (CARD), the 15 billion gallons per year of ethanol set in the Renewable Fuels Standard (RFS) is currently achievable. With infrastructure in place, what is needed, say the Iowa State University (ISU) economists, is the Environmental Protection Agency (EPA) to adhere to the law. “Our results show that …
Prez Candidates Recommit RFS Support
Several presidential candidates have reiterated their support for the continuation of the Renewable Fuel Standard (RFS). (Click here to read articles relating to the candidates stand on energy issues). Sen. Santorum reaffirmed his support at a forum hosted by Heritage Action in South Carolina on Friday, at Iowa’s Faith and Freedom Presidential Forum on Saturday, and at the taping of …
Senate Democrats Propose New Energy Package
A group of Senate Democrats have proposed a new energy bill to promote clean energy. If passed, the legislation would end some subsidies for fossil fuels and close some oil and gas tax loopholes; incentivize clean energy such as solar and wind through grant programs and tax incentives; and encourage carbon capture and sequestration along with continued development of nuclear …
Companies Support Cali’s Low Carbon Fuel Standard
A group of major companies have come out in support of California’s Low Carbon Fuel Standard (LCFS). Thirty-six companies sent a letter to California Air Resources Board (CARB) Chairman Mary Nichols expressing their support for the re-adoption of the program. They cited the standard’s positive influence on the development of cleaner transportation fuels. “BICEP companies support a strong LCFS because …
New Holland Focus on Clean Energy at Expo Milano
The centerpiece outside the New Holland Agriculture Sustainable Farm Pavilion at Expo Milano is a prototype methane-powered tractor that the company is developing to help farmers run their equipment on self-generated energy. “We are a clean energy leader company,” said New Holland Agriculture Brand president Carlo Lambro. “Methane is really close to zero emission.” In addition, Lambro says methane is …