In this Ethanol Report, John Urbanchuk of ABF Economics talks about a new study, commissioned by the Renewable Fuels Association, that shows no direct correlation between the Renewable Fuel Standard (RFS) and the overall increase in food prices since 2008. Listen to or download the Ethanol Report here: Subscribe to “The Ethanol Report” with this link.
New Study on Food Prices and the RFS
ABF Economics released a new, detailed analysis showing no direct correlation between the Renewable Fuel Standard (RFS) and the overall increase in food prices. The study, commissioned by the Renewable Fuels Association, specifically examined “the relationship between the RFS and recent changes in consumer food prices. Specifically this includes an examination of the relationship between corn prices and consumer food …
RFS Hearing – Study in Hyprocrisy
The U.S. House Oversight and Government Reform Subcommittee on Energy Policy, Health Care and Entitlements held a hearing to discuss the future of the Renewable Fuel Standard (RFS),”Up Against the Blend Wall: Examining EPA’s Role in the Renewable Fuel Standard.” While many were on the witness list, none actually worked in the biofuels industry. The ethanol industry was quick to …
Study: EPA Lacks Transparency in Feedstock Approvals
A study from a pair of University of Illinois researchers says the Environmental Protection Agency (EPA) lacks “transparency and clarity” when it comes to approving new feedstocks for biofuels as new pathway determinations. In farmdocdaily.com, James McCubbins and Bryan Endres say that if it’s not biodiesel or corn ethanol, it seems to take a lot longer to get the agency’s …
Ethanol Improving While Oil Gets Worse
The House and Energy Commerce Committee has released its third white paper on the Renewable Fuel Standard, “Greenhouse Gas Emissions and Environmental Impacts.” Executive Vice President of the American Coalition for Ethanol (ACE), Brian Jennings, responded with written comments that included but were not limited to feedback on the RFS role on the environment, agricultural sustainability and tailpipe emissions. “…petroleum …
EPA Proposes RFS Amendments
The Environmental Protection Agency has announced proposed Renewable Fuel Standard (RFS2) amendments and clarifications, which include new pathway determinations for advanced biofuels such as isobutanol and ethanol from crop residues. The EPA proposal also includes “various changes to the E15 misfueling mitigation regulations (E15 MMR) which are minor technical corrections and amendments to sections dealing with labeling, E15 surveys, product …
Foreign Fuels Reduction Act – Good for Biofuels?
A fancy title does not good biofuels policy make. Mixed emotions are emanating from the introduction of the “Foreign Fuels Reduction Act,” introduced by U.S. Senators Joe Manchin (D-W.Va) and Bob Corker (R-Tenn). The legislation would allow only domestically-sourced fuels to be used to meet the requirements of the Renewable Fuel Standard (RFS). “It is time for America to create …
Keeping RFS Still Top Concern for Ethanol Industry
Progress on a new farm bill is all well and good but defending the Renewable Fuel Standard remains the top priority for the ethanol industry. “The attack on the Renewable Fuel Standard is first and foremost and coupled with it is the blend wall,” said Growth Energy CEO Tom Buis st the National Association of Farm Broadcasting annual Washington Watch …
Farm Broadcasters in Nation’s Capitol
It’s time for National Association of Farm Broadcasting members to gather in Washington, DC for their annual Washington Watch program. Activities this afternoon with the Issues Forum, sponsored by the Renewable Fuels Association. Among the topics sure to be discussed will be what a new farm bill may hold for renewable energy and the latest on attacks to the Renewable …
Corn Growers Comment on RFS White Paper
The National Corn Growers Association recently submitted comments on the impact of the Renewable Fuel Standard to the House Committee on Energy and Commerce in response to their second white paper, “Agricultural Sector Impacts.” In these comments, NCGA addressed how the RFS affects commodity products including corn, agricultural output and economics, RFS flexibility, food prices, cellulosic feedstock and global impacts. …