Tag: Washington

EPA seen keeping 2019 blending mandate in line with June proposal

EPA seen keeping 2019 blending mandate in line with June proposal

November 27, 2018 |

In Washington, Reuters reports that the Environmental Protection Agency will likely keep the 2019 blending mandate largely in line with its June proposal of 19.88 billion gallons including 15 billion gallons of corn-based ethanol. The agency will also reject the ethanol industry’s request to reallocate blending requirements to compensate for hardship waivers granted over the […]

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House Ways & Means chair proposes extension of biodiesel tax credits

House Ways & Means chair proposes extension of biodiesel tax credits

November 27, 2018 |

In Washington, Rep. Kevin Brady (R-Texas), chairman of the House Ways & Means Committee, released a proposal to make technical corrections to the Tax Cuts and Jobs Act (PL 115-97) and to extend several expired tax credits, including the biodiesel and renewable diesel tax incentive. NBB welcomed the proposal for a multi-year extension of this […]

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RFA says hardship waivers led to $2.3 billion in industry losses between February and August

RFA says hardship waivers led to $2.3 billion in industry losses between February and August

November 26, 2018 |

In Washington, the Renewable Fuels Association estimates that demand destruction for ethanol resulting from hardship waivers granted by the Environmental Protection Agency in 2017 led to a loss of $2.3 billion in revenues for the ethanol industry between February and August 2018. RFA analysis shows that following a peak blending rate of 10.8% in January, […]

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DOE awards $6.5 million in ARPA-E funding to bioenergy projects

DOE awards $6.5 million in ARPA-E funding to bioenergy projects

November 22, 2018 |

In Washington, the U.S. Department of Energy announced $98 million in funding for 40 new projects as part of OPEN 2018, the Advanced Research Projects Agency-Energy’s (ARPA‑E) latest open funding opportunity. These funds will support some of America’s top energy innovators’ R&D projects as they seek to develop technologies to transform the nation’s energy system. […]

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Congressmen propose bill that would drop RFS and focus on octane instead

Congressmen propose bill that would drop RFS and focus on octane instead

November 22, 2018 |

In Washington, Congressman John Shimkus (Illinois-15) and Congressman Bill Flores (Texas-17) released a discussion draft of the 21st Century Transportation Fuels Act.  “I’ve been engaged in the biofuel debate my entire career in Congress,” said Shimkus, whose district includes significant corn and soybean producers as well as major ethanol and oil refiners. “In this Congress – […]

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Ethanol production falls 25,000 b/d as peripheral production begins to shut down

Ethanol production falls 25,000 b/d as peripheral production begins to shut down

November 21, 2018 |

In Washington, Platts reports that ethanol production fell by 25,000 b/d last week to 1.042 million b/d, down around 3% on the year, according to data from the Energy Information Administration. Thin and even negative margins are the likely driver for cutting production with plants outside the Corn Belt already beginning to shut down. The […]

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Biodiesel tax extenders may not make in lame duck session but likely in 2019

Biodiesel tax extenders may not make in lame duck session but likely in 2019

November 21, 2018 |

In Washington, Politico reports that there is a strong likelihood biodiesel tax credits could be made retroactive for 2018 and apply to 2019 with the new Congress when Iowa Senator Chuck Grassley takes over as the chair of the Senate finance committee. He is pushing for it as part of a tax extenders package during […]

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EPA approved a hardship waiver for Chevron’s oil Utah refinery earlier this year

EPA approved a hardship waiver for Chevron’s oil Utah refinery earlier this year

November 20, 2018 |

In Washington, Reuters reports that the Environmental Protection Agency approved a hardship waiver for Chevron’s oil refinery in Utah earlier this year, despite the fact that the company had a net income of $9.7 billion in 2017. The company applied for the waiver in 2017 as well. Chevron is the largest company to have so […]

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Report shows relationship between pro-innovation policy frameworks and biotechnology

Report shows relationship between pro-innovation policy frameworks and biotechnology

November 20, 2018 |

In Washington, the fifth edition of the Building the Bioeconomy report shows the correlation between economies with pro-innovation policy frameworks and those achieving strong biotechnology outputs. By examining 28 different indicators, the report provides a full and detailed analysis of the biotechnology environment for 33 countries from all major regions of the world. This data-driven […]

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EPA looking to slash biofuel blending for 2022

EPA looking to slash biofuel blending for 2022

November 20, 2018 |

In Washington, Reuters reports that in the run up to negotiations for the next Renewable Fuel Standard following the current one that expires in 2022, the Environmental Protection Agency plans to publish in January proposed blending mandates for through 2022. Though sources said the agency had yet to settle on a number for 2022, it […]

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