Congressman John Shimkus (R-IL) and Congressman Adam Kinzinger (R-IL) spoke on behalf of high octane low carbon fuels at a Congressional hearing earlier this week. IL Corn appreciates the long-standing support of both Congressmen for the priorities of our members. Continue reading the full article for the chance to view the Q&A portion of the…
Category: Uncategorized
ONTARIO PROPOSES DOUBLING OF ETHANOL MANDATE
Chart of Note The government of Ontario announced last week proposed changes to provincial biofuels regulations, which includes doubling the five percent ethanol mandate to 10 percent by 2020. “The recently announced Ontario policy proposal to double the provincial ethanol mandate to 10 percent is a positive development, supporting Ontario in meeting its Climate Change…
ETHANOL EXPORTS CENTER STAGE AT SUMMIT OF THE AMERICAS
Industry and government officials from more than 15 countries in the Western Hemisphere, including representatives from IL Corn, are meeting this week at the Ethanol Summit of the Americas to discuss current and future opportunities for ethanol in the region. Listen to the audio below for an update about the summit with U.S. Grains Council…
DUCKWORTH, DURBIN SUPPORT BIOFUELS; ENCOURAGE USE
Thank you to Senators Duckworth and Durbin for signing onto a letter to the Environmental Protection Agency (EPA) Administrator Scott Pruitt encouraging ethanol use last week. In the letter, the Senators agreed that “When Congress adopted the RFS in 2005, its goal was to put in place a stable, forward-looking policy to drive innovation and…
EARLY END TO SUMMER E15 RVP LIMIT IN MANY STATES HELPED OFFSET SUPPLY SHORTFALL, LIMIT PRICE SPIKES
WASHINGTON – In a typical September, the Environmental Protection Agency’s (EPA) onerous summer restriction on selling 15% ethanol blends (E15) would end this weekend. But with Hurricanes Harvey and Irma wreaking havoc on the nation’s fuel market, this September has been anything but typical. Fortunately, emergency fuel waivers issued by EPA ended the summer restriction…
U.S. ETHANOL, DDGS EXPORTS RISE IN JULY
U.S. ethanol exports totaled 116.7 million gallons (mg) in July, up 26% from June shipments, according to government data released this morning and analyzed by the Renewable fuels Association (RFA). Canada and Brazil were again the top destinations for U.S. exports, combining to receive nearly two-thirds of total exports in July. Year-to-date U.S. ethanol exports…
NEW ACADEMIC JOURNAL STUDY: RFS OFFERS SUBSTANTIAL BENEFITS TO U.S. ECONOMY
WASHINGTON – A new economic modeling study that will soon be published in the American Journal of Agricultural Economics finds that the Renewable Fuel Standard (RFS) has substantially benefited the U.S. economy by lowering gasoline and crude oil prices, cutting crude oil imports, adding value to U.S.-produced agricultural commodities, and reducing U.S. greenhouse gas (GHG) emissions. “The…
HAPPY ANNIVERSARY TO THE ORIGINAL RFS
WASHINGTON – Twelve years ago today, I was in a canoe in the middle of Lake Winnipesaukee, N.H., celebrating the signing of the single most successful clean fuels policy in our nation—the original Renewable Fuel Standard (RFS). On Aug. 8, 2005, President George W. Bush signed the Energy Policy Act of 2005 into law, which…
NO VOTE SCHEDULED FOR BILL TO EXPAND E15 MARKET ACCESS
We’re disappointed to hear the news out of Washington that the U.S. Senate Committee on Environment and Public Works (EPW) has determined they won’t take a vote prior to the August recess on a bill that would expand market access for E15. The legislation, S. 517 Consumer and Fuel Retailer Choice Act, would address an…
THE REAL ARGUMENT AGAINST RENEWABLE FUELS
You may have read early last week that the EPA released Renewable Volume Obligations (RVO) for 2018. These numbers tell fuel retailers how much renewable fuels they must sell in any given year, with the goal of slowly increasing the amount of renewable fuels used in the U.S. More renewable fuels equal cleaner air, more energy…