Tag Archives: renewable fuel standards

[NEWS] EPA Decision on Renewable Fuels Good News for Ethanol Industry

– by James Q. Lynch, November 24, 2017, Globe Gazette

ethanol_ift

Photo: IFT

The Environmental Protection Agency’s decision to deny attempts to change Renewable Fuel Standard rules is good news for the ethanol industry and fuel retailers who would have had to assume responsibility for blending ethanol with gasoline, according Iowa officials who opposed the changes.

“This is the right policy conclusion and I’m glad to see it happening,” Sen. Chuck Grassley said about the EPA decision announced Wednesday. “This decision puts the issue to bed, and certainty is so important. It’s a decision from the EPA that sides with the integrity of the RFS.”

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[NEWS] Senate Grapples With Failures of Renewable Fuel Standard

– by Chris Fry, December 2, 2016, Courthouse News

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Graphic: Alternative Fuels Data Center

Government officials testified before the Senate on Thursday that sluggish development of ethanol and other biofuels has hampered attainment of the Renewable Fuel Standard.

Enacted in 2005, the Renewable Fuel Standard or RSF requires that all transportation fuel sold in the United States contain a minimum amount of renewable fuels.

The Senate Subcommittee on Regulatory Affairs and Federal Management called a hearing Thursday afternoon to look at two new reports from the Government Accountability Office on the standard’s feasibility.

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[NEWS] EPA Issues Final Renewable Fuel Standard Volumes for Ethanol

– November 26, 2016, Farm and Dairy

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Photo: Farm and Dairy

The U.S. Environmental Protection Agency has finalized the increases in renewable fuel volume requirements across all categories of biofuels under the Renewable Fuel Standard (RFS) program.

In a required annual rulemaking, the Nov. 23 action finalizes the volume requirements and associated percentage standards for cellulosic biofuel, advanced biofuel, and total renewable fuel for 2017, and for biomass-based diesel for 2018.

“Renewable fuel volumes continue to increase across the board compared to 2016 levels,” said Janet McCabe, the agency’s acting assistant administrator for the Office of Air and Radiation. “These final standards will boost production, providing for ambitious yet achievable growth of biofuels in the transportation sector.”

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[NEWS] Ethanol Mandates Mean Big Profits for Big Oil

– by Bob Adelmann, October 28, 2016, The New American

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(Graphic: Taxpayers for Common Sense)

When the Energy Independence and Security Act of 2007 was signed into law by then-President George W. Bush, it was well-intended: It would increase America’s oil independence and reduce dependence on foreign oil, it would produce cleaner air, and it would help farmers.

The Act required refiners to add ethanol to every gallon of gasoline they produced. If a refiner decided it couldn’t (too costly) or wouldn’t (internal decision) do so, it would be required to buy ethanol credits. Those credits, called RINs (for Renewable Identification Numbers), are now being traded and reaping hundreds of millions of dollars in gains for the big oil companies. According to the New York Times, the Act has “inadvertently become a multi-billion-dollar windfall for some of the world’s biggest oil companies.”

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[NEWS] WikiLeaks: Clinton Team Mulled Repeal of EPA’s Ethanol Program

– by John Siciliano, October 22, 2016, Washington Examiner

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Photo: AP

Hillary Clinton’s campaign mulled supporting the elimination of the Environmental Protection Agency’s renewable fuels program before a campaign tour through the corn state of Iowa last year, according to illegally obtained emails posted by the website WikiLeaks.

Senior campaign aides suggested in the April 2015 emails that coming out forcefully against the EPA would put her at odds with the Obama administration but would go “further” than any Democrat or Republican on the issue of EPA’s Renewable Fuel Standard. Supporting the repeal of the standard, which requires certain amounts of ethanol and other biofuels be added into gasoline and diesel supplies, would put her at odds with many Midwest corn states and environmental groups that support the program.

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[NEWS] Biofuel Groups Ask Congress to Extend Tax Credits

– by Todd Neely, October 19, 2016, DTN/The Progressive Farmer

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Biofuel refinery (Photo: DTN)

At some point before Dec. 9, Congress will need to vote on a budget bill to continue to fund the government, and one ethanol interest group is asking House and Senate leaders to take that opportunity to extend a number of biofuels tax incentives as well.

While the upcoming expiration of the biodiesel blenders credit has received most of the attention in recent months, the Renewable Fuels Association is pressing Congress to extend the second-generation biofuel producer tax credit, the special depreciation allowance for second-generation biofuel plant property, and the alternative fuel vehicle refueling property credit.

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[NEWS] Owner of NJ Biofuel Company Admits to $6M Gov’t Scam

– by Jerry DeMarco, September 30, 2016, Ridgefield Daily Voice

ridgefield_njThe owner and manager of a New Jersey feedstock collector and processor with offices in Ridgefield Park admitted double-dipping to generate more than $6 million in phony tax and renewable fuel credits, federal authorities said.

Pleading guilty to his role in the scheme, Malek Jalal, 52, admitted to a U.S. District judge in Ohio that his Unity Fuels bought fuel from a New York-based company that arranged for tax and RIN credits.

Unity then blended the fuel with other material and sold it back to the New York company in order to claim tax and RIN credits a second time.

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