RFA Pleased with Bill to Extend Ethanol Incentives

Cindy Zimmerman

The Renewable Fuels Association today praised the Renewable Fuels Reinvestment Act (RFRA) introduced by Representatives Earl Pomeroy (D-ND) and John Shimkus (R-IL). The bill would extend the $0.45 Volumetric Ethanol Excise Tax Credit (VEETC), commonly called the blenders’ credit, and the secondary tariff on imported ethanol until December 31, 2015. It would also extend the Small Producers Tax Credit and …

Audio, Ethanol, Ethanol News, Government, RFA

Lawmakers to Introduce Extension of Ethanol Tax Incentives

Cindy Zimmerman

Representatives Earl Pomeroy (D-ND) and John Shimkus (R-IL) have called a press conference today to introduce the Renewable Fuels Reinvestment Act (RFRA). The bill would extend the $0.45 Volumetric Ethanol Excise Tax Credit (VEETC), commonly called the blenders’ credit, and the secondary tariff on imported ethanol, as well as the Small Producers Tax Credit and the Cellulosic Ethanol Production Tax …

Ethanol, Ethanol News, Growth Energy, RFA

NY Senator Supports Biodiesel Not Ethanol

Cindy Zimmerman

U.S. Senator Chuck Schumer (NY-D) visited New York’s only commercial biodiesel producer last month to assure them of his support for the federal tax incentive for biodiesel. “The dollar tax incentive assures us that we are competitive with regular diesel fuel right now. The federal government subsidizes the petroleum industry as well, so if we lose our incentive, we lose …

Biodiesel, Ethanol, Ethanol News, Government, RFA

Ethanol Tax Incentive Loss Would Mean Lost Jobs

Cindy Zimmerman

According to a report out today from the Renewable Fuels Association (RFA), failure to extend the Volumetric Ethanol Excise Tax Credit (VEETC) would reduce U.S. ethanol production capacity by 38% and eliminate 112,000 jobs in rural communities already hemorrhaging employment opportunities. “Ethanol has provided an unparalleled, value-added opportunity for agriculture and rural America,” said RFA President Bob Dinneen. “Supporting nearly …

Audio, Ethanol, Ethanol News, Ethanol Report, RFA

RFA to Release Report on Cost of Ethanol Blenders Incentive Loss

Cindy Zimmerman

The Renewable Fuels Association (RFA) is set to release a new report today warning about the economic ramifications of allowing the tax incentive for ethanol blending to expire at the end of the year. In a preview obtained by Domestic Fuel, allowing the Volumetric Ethanol Excise Tax Credit (VEETC) to expire would cost the country more than 100,000 jobs and …

Ethanol, Ethanol News, RFA

“Baby Girl” Wins Cutest Kid Photo Contest

Joanna Schroeder

The winner for the Renewable Fuels Association’s (RFA) E85 Flex-Fuel Challenge Cutest Kid Photo Contest is in – Latisha Martinex of Virgina Beach. Ms. Martinex will receive free ethanol for one year and her photo was selected by the judges based on creativity and quality. More than 1,000 photos were submitted and of those, “Amira and her Snow Love,” submitted …

E85, Ethanol, Ethanol News, RFA

Delay on E15 Waiver “Troubling”

Joanna Schroeder

The E15 waiver was a hot topic during Commodity Classic and for good reason: EPA administrator Lisa Jackson, in response to a question asked during a Congressional hearing, said she felt they’d be ready to make a decision late summer. Originally, the EPA was to have ruled on the E15 waiver, that would waive the Clean Air Act to allow …

ACE, Audio, blends, Commodity Classic, Ethanol, Ethanol News, RFA

Ethanol Report on What’s Wrong With RFS2

Cindy Zimmerman

In this edition of “The Ethanol Report,” we hear from Geoff Cooper, Vice President of Research and Analysis for the Renewable Fuels Association, about what is right and what is wrong with the rule for the expanded Renewable Fuel Standard released early last month by the Environmental Protection Agency. The good news is that the RFS2 improves upon the rule …

Audio, Ethanol, Ethanol News, Ethanol Report, Indirect Land Use, National Ethanol Conference, RFA

Response to Expanded Biofuels Production Study

Joanna Schroeder

The National Research Council (NRC) is currently conducting an ongoing study on the impacts of expanded biofuel production. NRC, which is part of the National Academy of Sciences, hosted a workshop last week to receive feedback from people on both sides of the debate. The Renewable Fuels Association (RFA) represented the ethanol industry and Geoff Cooper, RFA’s Vice President of …

biofuels, Ethanol, Ethanol News, RFA

Advanced Biofuel Makers Call for Tax Credits

John Davis

The advanced biofuels industry is putting a bug in Congress’ ear, calling for lawmakers to allow for an investment tax credit that will help advanced biofuels makers get money to get their projects up to commercial scale and become eligible for another operating credit. Biomass Magazine explains that the industry would be eligible for a federal production tax credit of …

biofuels, Government, Legislation, RFA