In Washington, the spending bill proposed by Congress this week that aims to avert yet another government shutdown includes a fix to the “grain problem” where a law passed last year provided lucrative tax benefits to farmers selling corn to cooperatives instead of grain companies. Cargill and many ethanol industry players have complained while some […]
In Luxembourg, Reuters reports that Indonesia has won its appeal against the European Commission regarding the legality of anti-dumping tariffs on its biodiesel with the European Court of Justice ruling that all AD duties—currently between 8.8% and 23.3%–must be eliminated as of March 16. Although an estimate was not given by the Indonesian biodiesel industry […]
In Washington, Renewable Fuels Association General Counsel Ed Hubbard testified at a hearing titled “Post Tax Reform of Recently Expired Tax Provisions.” RFA testified in support of several key tax incentives that have been critical to the growth and development of the nation’s biofuel industry. RFA conveyed how important steady, long-term tax support is for the […]
In Thailand, the Bangkok Post reports that the government plans to implement a B10 mandate by early 2019, up from the B7 policy currently in place, in order to help absorb 43% of the palm oil glut on the domestic market that is weighing on prices. The Department of Energy Business launched a B10 trial […]
In Germany, UFOP and the FOP – French Federation of Growers of Oilseed and Protein Plants, are appealing to the negotiating partners that are drafting the Renewable Energy Directive (RED II) to find an appropriate compromise that protects existing investments and at the same time also encourages investment into the biofuel sector in future. Both […]
In Washington, Reuters reports that the Commerce Secretary told a senate panel on infrastructure that the Trump Administration plans to keep using trade tools such as tariffs to protect its biofuels industry, such as the tariffs on Argentine and Indonesian biodiesel imports. He said protecting farmers and biofuel processors through tariffs has provided a big […]
In Washington, Rep. Peter Welch (D-Vt.) and Senator Tom Udall (D-N.M.) introduced companion bills in the U.S. House of Representatives and U.S. Senate to reform the Renewable Fuel Standard (RFS) by mitigating harmful environmental impacts and advancing the next generation of biofuels. The GREENER Fuels Act (Growing Renewable Energy through Existing and New Environmentally Responsible […]
In Washington, Reuters reports that in a move protested by the ethanol industry, the Environmental Protection Agency has granted Philadelphia Energy Solutions a reprieve in its RIN compliance requirements, cutting them by about half to the 210 million RINs the company had already purchased compared to the 467 million required for 2016 and 2017. The […]
In Washington, plant managers, general managers, and CEOs from 150 biofuel production facilities, including nearly every Renewable Fuels Association (RFA) producer member, sent a letter to President Trump Wednesday, urging him to continue to “stand strong in defense of the Renewable Fuel Standard (RFS).” President Trump met last week with ethanol and oil industry stakeholders, […]
In Washington, DC another meeting is scheduled for today, Monday, at The White House to talk about the future of biofuels policy. The meeting will include biofuels leaders Poet CEO Jeff Broin and Green Plains CEO Todd Becker, as well as oil representatives, Valero CEO Joe Gorder, and Monroe Energy CEO Jeff Warmann. President Trump […]
