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Latest US proposal for ethanol could have political fallout
Posted by Associated Press: Mary Clare Jalonick on May 29th, 2015
Associated Press: The Obama administration's latest plan on ethanol, the corn-based renewable fuel, probably will not have a major effect on pump prices, but could have political reverberations in Iowa and other farm states in the 2016 presidential campaign. Under the proposed rule announced Friday, the amount of ethanol in the gasoline supply would increase in coming years, just not as much as set out under federal law. That approach drew criticism from ethanol and farm groups that have pushed to keep high volumes...
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Court says EPA overestimates biofuels production
Posted by Associated Press: Mary Clare Jalonick on January 25th, 2013
Associated Press: A federal appeals court has ruled that the Environmental Protection Agency is overestimating the amount of fuel that can be produced from grasses, wood and other nonfood plants in an effort to promote a fledgling biofuels industry.
At issue is a 2007 renewable fuels law that requires a certain amount of those types of fuels, called cellulosic biofuels, to be mixed in with gasoline each year. Despite annual EPA projections that the industry would produce small amounts of the biofuels, none of that...
EPA turns down states’ request for ethanol waiver
Posted by Associated Press: Mary Clare Jalonick on November 16th, 2012
Associated Press: The Environmental Protection Agency has denied requests from several governors to waive production requirements for corn-based ethanol.
A renewable fuels law requires that 13.2 billion gallons of ethanol be produced by this year and 15 billion gallons be produced by 2015. That's good for corn farmers, but it's angered poultry, hog and cattle farmers. They say they've seen big jumps in corn-based feed costs as corn is diverted to make ethanol vehicle fuel.
States requesting the waiver say reduced...
Senators propose immediate end to ethanol credit
Posted by Associated Press: Mary Clare Jalonick on July 7th, 2011
Associated Press: Two senators from ethanol-producing states are proposing to immediately end a tax credit for the corn-based fuel, agreeing to support shifting some of that money to debt reduction. Sens. Amy Klobuchar of Minnesota and John Thune of South Dakota, along with ethanol opponent Sen. Dianne Feinstein of California, have proposed diverting $1.3 billion of the money remaining for the tax break this year to pay for debt reduction. And $668 million will be used for incentives for the ethanol and biofuels...