In advance of a vote in the Senate on an amendment to eliminate the Volumetric Ethanol Excise Tax Credit (VEETC) immediately, ethanol interests remain “cautiously optimistic” that the measure will fail. Seven agriculture and ethanol organizations sent a letter to the Senate leadership urging a no vote on the amendment proposed last week by Sen. Tom Coburn (R-OK). In it …
Thune/Klobuchar Bill Endorsed by Ethanol Industry
Senators John Thune (R-SD) and Amy Klobuchar (D-MN) along with a bipartisan group of nine other Senate colleagues have introduced the Ethanol Reform and Deficit Reduction Act. The bill is designed to modify the current Volumetric Ethanol Excise Tax Incentive (VEETC), which is a set tax, to a variable tax incentive tied to the price of oil. To help open …
Ethanol Safety Seminar Coming to Portland
The latest Ethanol Safety Seminar is coming to Portland and will be held on June 15, 2011 at the Portland Community College, Science and Technology Building. The seminar is hosted by the Renewable Fuels Association and the Columbia-Willamette Clean Cities Coalition. There will be two FREE sessions – the first will be from 9:00 am – 2:00 pm and the …
Ethanol Faces Double Attack in Senate
The ethanol industry is facing a double pronged attack in the U.S. Senate. Sen. Tom Coburn (R-OK) went to the floor last night with an amendment to eliminate the Volumetric Ethanol Excise Tax Credit (VEETC) immediately, while at the same time Sen. John McCain (R-AZ) is proposing to eliminate funding of ethanol infrastructure. “It is a two-pronged attack, it is …
Corn Acreage Lowered But Record Crop Still Expected
Farmland flooding is taking its toll on the outlook for corn acreage, but record production is still anticipated. The latest World Agricultural Supply and Demand Estimates from USDA out today lowered corn planted area for 2011/12 by 1.5 million acres from March intentions to 90.7 million acres. “Planting delays through early June in the eastern Corn Belt and northern Plains …
Spotted in DC
This advertisement was spotted in Washington DC this week and is part of a Beltway campaign being deployed by the Renewable Fuels Group (RFA). The ethanol organization is also advertising on politically geared websites as well as in DC political magazines such as Roll Call. This is just one element of a broader campaign the group is currently engaged in …
Ethanol Groups Support Open Fuel Standard
While one biofuels group has expressed concern about Open Fuel Standard legislation, the three main ethanol organizations in the country are in favor of it. Renewable Fuels Association President and CEO Bob Dinneen says they endorse the Open Fuel Standard Act introduced by Representatives John Shimkus and Elliot Engel. Additionally, the RFA has endorsed similar legislation offered by Senators Tom …
New Oxfam Report: Growing a Better Future
A new report, “Growing a Better Future,” has the ethanol industry up in arms over its accusation that U.S. biofuel policy is leading to world hunger. The report kicked off a new worldwide GROW campaign spearheaded by the organization. The report covers the symptoms of today’s broken food system: growing hunger, flat-lining yields, a scramble for fertile land and water, …
RFA Co-Hosts California Ethanol Safety Seminar
The Renewable Fuels Association (RFA) and the San Joaquin Valley Clean Cities Coalition will be co-hosting a free Ethanol Safety Seminar in Stockton, California at the San Joaquin Delta College on June 6. Seminar attendees will receive in depth information on proper training techniques that first responders and hazmat personnel need to effectively respond to an ethanol related emergency. While …
RFA: Ethanol Means Memorial Day Savings for Travelers
According to the Renewable Fuels Association (RFA), ethanol will save Memorial Day travelers this year $440 million on gas. As the summer season kicks off this weekend, AAA estimates that almost 31 million Americans will take a trip with an average distance of 792 miles, even though gas prices are up 40 percent, averaging $3.91, compared to $2.85 this time …