A 5 percent biodiesel mandate in Iowa is a bit closer to a reality. This story from the Des Moines Register says the bill that would require all biodiesel sold in the Iowa contain at least 5 percent biodiesel passed a state legislative subcommittee … but not without some fiesty debate: “The hog producers in this state are being ravaged …
EPA Deems Sugarcane Ethanol an Advanced Biofuel
Yesterday, the Environmental Protection Agency confirmed in its expanded rules of implementation for the Renewable Fuel Standard (RFS), that ethanol made from sugarcane is considered an advanced biofuel that lowers greenhouse gas emissions (GHGs) by more than 50 percent. Specifically, EPA’s calculations show that sugarcane ethanol from Brazil reduces GHG emissions compared to gasoline by 61%, using a 30-year payback …
Corn Ethanol Gets Boost Under Expanded RFS
The Environmental Protection Agency (EPA) made an upwards revision today when releasing the expanded Renewable Fuels Standard. They gave corn-based ethanol a 21 percent advantage over conventional gasoline, more than what was originally slated. This new revision also qualifies all corn ethanol, including existing and new production, for the conventional biofuels targets in the RFS. “While we’re pleased that the …
Ethanol Poised to Create Jobs in Expanded RFS
This afternoon, Growth Energy responded to the Environmental Protection Agency’s expanded Renewable Fuels Standard, that will create the platform for reaching 36 billions gallons of biofuels by 2022, and specifically praised the Obama administration and EPA Administrator Lisa Jackson. “Growth Energy commends the Obama White House and EPA Administrator Lisa Jackson for recognizing the value of domestic ethanol both as …
EPA Rules Confirm Ethanol’s Environmental Advantages
The ethanol and agriculture industry have a few things to celebrate today, one of which is EPA’s acknowledgment that ethanol, including corn-based ethanol, has greenhouse gas emission advantages over conventional gasoline. Today, the Environmental Protection Agency (EPA) announced its new released regulations for the implementation of the Renewable Fuel Standard (RFS2) which in part outlines the country’s move to 36 …
RFS2 Rules Released – Industry Reponds
After a two-month delay, the Environmental Protection Agency (EPA) has finally announced the final rule for the implementation of the second phase of the Renewable Fuel Standard, aka RFS2. As part of the rules, the EPA will both set the national mandatory blend levels as well as monitor compliance through its new reporting system. The monitoring system will also track …
Grassley Looks for Biodiesel Credit Renewal in Feb.
One of the biggest advocates for renewal of the $1-a-gallon federal biodiesel blender’s tax incentive looks for renewal of the credit sometime next month. Agriculture.com reports that Iowa Senator Chuck Grassley has been working with the Chairman of the Senate Finance Committee, Max Baucus to get it restored very soon: “It would be my hope that we would have this …
Obama’s Message: Hope, News Jobs & Clean Energy
The nation that leads the clean energy economy will be the country that leads the global clean economy and America must be that nation,” said President Obama tonight during his first State of the Union address. “I will not accept second place.” There were several major focuses of his speech including the support of small businesses, building a stronger financial …
Loss of Biodiesel Incentive Costs Farmers, Consumers
Biodiesel producers aren’t the only ones who are being hit by the loss of the federal $1-a-gallon tax incentive. This story from Agriculture Online says farmers and consumers are also being hurt: Ohio Soybean Association president Jeff Wuebker estimates that failure to renew the tax credit, which expired at the end of 2009, will cost him about $12.50 an acre …
Baucus, Grassley Vow to Extend Biodiesel Tax Incentive
Biodiesel producers have seen the last chance at renewing the federal biodiesel tax incentives before they expire at the end of the year slip away. But two key lawmakers have vowed the $1-a-gallon tax credit will be renewed, retroactively. Sen. Max Baucus (D-MT), chairman of the Senate Finance Committee, and Sen. Charles Grassley (R-IA), Ranking Member of the same committee, …