In Washinton, the Biden Administration announced $700 million in COVID relief funding for biofuels producers that had been appropriated roughly one year ago and the USDA announced they would soon be taking steps to make another $100 million available for higher-blend biofuels infrastructure. “We do want to say a strong thank you for the COVID […]
In Washington, USDA Secretary Tom Vilsack announced on Friday the US Department of Agriculture is investing $633 million to reduce the impacts of climate change on rural communities. With the enactment of the Bipartisan Infrastructure Law and as part of the broader Build Back Better agenda, the Biden-Harris Administration has made investing in rural communities, […]
In Washington, D.C., American Coalition for Ethanol Senior Vice President Ron Lamberty testified on Friday during a virtual public hearing on the Proposed Extension of Renewable Fuel Standard Compliance Deadlines the Environmental Protection Agency proposed in November and the Renewable Fuels Association strongly urged the EPA to move forward on enforcing the RFS. Lamberty’s testimony […]
In Washington, Reuters reports that after having missed the deadline for 2021 and 2022 blending levels this week, the Environmental Protection Agency is expected to release those mandates in the next few days. Refiners have been pushing hard for the Biden Administration to cut blending levels and have shorted the RIN market to dangerous levels […]
In Washington, the Federal Trade Commission has issued its 2021 Report on Ethanol Market Concentration. The Energy Policy Act of 2005 directs the Commission to perform an annual review of market concentration in the ethanol production industry “to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.” As […]
In Brazil, Reuters reports the National Energy Policy Council won’t return to the previous blending mandate of 13% biodiesel and will keep it at 10% throughout 2022. The CNPE first cut the blending mandate in September due to high soy prices, but the cut was meant to be mandatory as the national policy increases the […]
In Ohio, the Ohio Country Journal reports that the state’s House of Representatives voted unanimously in favor of House Bill 165 which would provide $10 million in funding over the next four years to provide fuel retailers a 5-cent-per-gallon tax credit for sales of higher ethanol blends between 15% and 85%. The bill must now […]
In Ireland, the Minister for Transport, Eamon Ryan TD, announced the publication of the Renewable Fuels for Transport Policy Statement with the next increase in the rate of supply of biofuels blended in diesel and petrol to take effect from 1 January 2022. There will be a statutory consultation for regulations to be made giving […]
In Thailand, the Pattaya Mail newspaper reports the Energy Policy Administration Committee has decided to cap the price of B7 at 83.7 cents per liter until March in an effort to rein in soaring energy prices, especially for businesses and truckers. Only B7 will be available until March with B10 and B20 being pulled from […]
In Washington, Congresswoman Ashley Hinson (IA-01), alongside Congressman Rodney Davis (IL-13), Congresswoman Angie Craig (MN-02), and Congressman Ron Kind (WI-03), introduced the bipartisan Defend the Blend Act, legislation to prohibit the U.S. Environmental Protection Agency (EPA) from reducing the minimum applicable volume of biofuels into transportation fuel once the Renewable Volume Obligations (RVO) levels are […]
