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The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Markets

Biden backs ethanol industry on low-emission aviation fuel tax credits

Aviation is seen as one of the few routes to increase ethanol demand amid rising electric vehicle sales

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Reuters - The Biden administration said on Friday it will recognize a methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for sustainable aviation fuel (SAF), a pivotal win for the politically powerful U.S. corn lobby.
U.S. aviation fuel subsidy guidance expected by year’s end 
News

U.S. aviation fuel subsidy guidance expected by year’s end 

U.S. Farm Belt stakeholders see it as one of few avenues to grow ethanol demand

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Reuters – U.S. Agriculture Secretary Tom Vilsack said Nov. 29 that he is confident the Treasury Department will release guidance by the end of the year that will make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies. The Biden administration has been divided over this issue for months, as it faces a strong
News, Other

U.S. ethanol needs carbon capture: Vilsack

American ag secretary says carbon capture and storage critical to biofuel hopes

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Reuters – Carbon capture and storage (CCS) at ethanol plants in the U.S. Midwest is necessary if the industry and its farmers hope to have a role in the burgeoning sustainable aviation fuel market, U.S. Agriculture Secretary Tom Vilsack said Nov. 29. Three CCS pipelines that would transport and store captured carbon from ethanol plants
Canola’s bad day at the markets
News

Canola’s bad day at the markets

Veg oils drag canola below support levels

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Despite many signs indicating a rebound, canola prices instead took off in the other direction on Oct. 19. In a selloff that left many analysts checking their charts and scratching their heads, canola blew past support levels and had its largest one-day drop in just over a month. The November contract fell $19.50/tonne to end
(Jimfeng/iStock/Getty Images)
Crops

U.S. to boost biofuel mandates over next three years

Biofuel groups still feel shortchanged

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Reuters — The Biden administration on Wednesday increased the amount of biofuels that oil refiners must blend into the United States’ fuel mix over the next three years, but the plan has angered the biofuel industry, which says mandates for corn-based ethanol and biodiesel are not high enough. The U.S. Environmental Protection Agency has finalized
News, Other

EPA sends final biofuel blending rule to White House

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The U.S. Environmental Protection Agency has sent a final rule on the amount of ethanol and other biofuels that oil refiners must blend into their fuel over the next three years to the White House for review, according to a federal website. The news puts the agency on track to meet a June deadline to
“…long-term, you’ve got to be looking at new uses and new markets and non-traditional applications for ethanol if we’re going to continue to grow our industry and its value.” – Geoff Cooper, Renewable Fuels Association.
News

U.S. ethanol sector sets sights on lower-carbon aviation

The biofuel industry is looking to the skies for the next potential ethanol market

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The U.S. ethanol industry is lobbying the Biden administration to ensure lower-carbon aviation fuel made from ethanol will qualify for subsidies under the U.S.’s Inflation Reduction Act. The ethanol industry is arguing such provisions are crucial to meeting U.S. climate goals. Why it matters: The biofuel market in the U.S. is looking for new footholds.
News

U.S. senators seek to expand ethanol with support from Big Oil

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Reuters – U.S. senators have reintroduced a bipartisan bill that would allow sales of gasoline with a higher blend of ethanol year-round, with the support of a leading oil trade group. Republican Senator Deb Fischer from Nebraska and Democratic Senator Amy Klobuchar from Minnesota argue that the expanded sales of E15, or fuel containing 15
File photo of a combine at work during a harvest in Germany. (Abadonian/iStock/Getty Images)
Crops, Weather

Germany considering withdrawal from crop-based biofuels by 2030

Lawmakers seek to boost biofuel made from wastes

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Hamburg | Reuters — Germany’s government is considering proposals to phase out the use of biofuels produced from food or animal feed crops by 2030, the German biofuels industry association (VDB) said on Tuesday, adding the measure could increase carbon emissions. German environment minister Steffi Lemke said Jan. 17 she will soon send proposals to
(ThamKC/iStock/Getty Images)
News

U.S. biofuels proposal would lift near-term greenhouse gas emissions

EPA says reductions would only come in the long term

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The U.S. Environmental Protection Agency’s proposal to increase biofuel blending mandates through 2025 would lead to a near-term increase in greenhouse gas emissions, before yielding reductions in the longer term, according to agency documents. The Renewable Fuel Standard requires the nation’s oil refiners to add billions of gallons of biofuels like corn-based ethanol into the fuel pool each

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