Legislation that would immediately repeal the Volumetric Ethanol Excise Tax Credit, or VEETC, is drawing criticism from ethanol interests. U.S. Senators Tom Coburn (R-OK) and Ben Cardin (D-MD) this week introduced the repeal as an amendment to the small business reauthorization bill, currently under consideration in the Senate. “The ethanol tax credit is bad economic policy, bad energy policy and …
Sen. Klobuchar Introduces Ethanol Legislation
A bill introduced yesterday by Sens. Amy Klobuchar (D-MN) and Tim Johnson (D-SD) called the Securing America’s Future with Energy and Sustainable Technologies (SAFEST) Act establishes strong renewable energy and energy-efficiency standards, incentives for developing biofuels and biofuel infrastructure, and targets for the availability of advanced vehicle technologies. More specifically, the legislation would establish new incentives for biofuels infrastructure and …
Corn Ethanol Walks the Line Song
Here’s another video clip from the ethanol producer group known as “Green Floyd” that played at the recent National Ethanol Conference. The Green Floyd band is made up of Frontline Bioenergy CEO Bill Lee, Neil and Tom Koehler with Pacific Ethanol and Paul Kamp with Inbicon. This song is a parody of Johnny Cash’s “I Walk the Line” with lyrics …
New Study – More Ethanol Commitment Needed to Meet RFS2
In a new study from Air Improvement Resource, Inc. (AIR) commissioned by the Renewable Fuels Association (RFA), the requirements of the Renewable Fuels Standard (RFS2) can be met with ethanol if more infrastructure is put into place. In addition, more flex-fuel vehicles (FFVs) are needed. The report concludes that if “blender pumps” are made available at nearly one-third of the …
Ron Miller Wins RFA 2011 Membership Award
“To many of you, Ron Miller requires no introduction. He has been ethanol long before ethanol was cool,” began Renewable Fuels Association (RFA) Chairman Chuck Woodside during his introduction of Ron Miller who won the 2011 RFA Membership Award during the National Ethanol Conference that recently took place in Phoenix, Arizona. Miller has been the Chairman of RFA three times …
2010 – Another Banner Year for Ethanol
According to data from the U.S. Energy Information Administration (EIA), 2010 was another record breaking year for American ethanol producers. Average daily ethanol production averaged nearly 863,000 barrels per day ( b/d). That represents 36.24 million gallons of daily production and nearly 13.23 billion gallons of production for calendar year 2010. 2009 ethanol production was 10.75 billion gallons. Imports for …
Industry Responds to EPA’s Triennial Biofuels Report
Yesterday, Growth Energy submitted comments on EPA’s first triennial report to Congress on the environmental impacts of biofuels. The organization’s comments are focused on the technical accuracy and potential implications of the Report and its implications to ethanol. The Report is required by EISA Section 204 and calls for EPA to report to Congress on the environmental and resource conservation …
Global Ethanol Leaders Together
In the great tradition of saving the best for last, the 2011 National Ethanol Conference concluded with a lively panel discussion featuring global ethanol leaders. Those on the panel were (LtoR) George Fitch, Director of the Caribbean Basic Ethanol Producers Association; Bob Dinneen, president and CEO of the Renewable Fuels Association; Marcos Jank, president and CEO of Brazil’s UNICA; Robert …
70,000 Directly Involved in U.S. Ethanol Industry
According to an economic analysis from Cardno ENTRIX, unveiled during the 2011 National Ethanol Conference, John Urbanchuk 70,600 Americans are employed directly in the production of ethanol and in industries providing goods and services to ethanol producers. Today, there are ethanol plants either operational or in construction in 29 states, and as a result of the economic activity generated by …
Clinton Strikes Nerve with Ethanol Comment
Former President Bill Clinton struck a raw nerve with ethanol supporters with his comments at the U.S. Department of Agriculture’s annual Outlook Forum today. “We have to become energy independent but we don’t want to do it at the expense of food riots,” Clinton said, calling for a periodic reassessment of the industry “with 3-5 year time horizons based on …