In Brazil, Argus Media reports that Brazil’s hydrocarbons regulator ANP will reduce individual carbon credit targets for fuel distribution companies for 2020, after it halved the industry’s overall pre-pandemic target as a result of the economic slowdown. “Brazil’s energy policy council CNPE slashed the overall 2020 target for the sale of Cbios – financial instruments […]
In Iowa, with less than six weeks until the presidential election, Reuters reports President Trump is in a hurry to make good on his promises to the ethanol industry in order to secure the Midwest. The wish list by the ethanol industry presented by Iowa senators at a meeting with the president in September 2019 […]
In Canada, Grain Farmers of Ontario has deep concerns about the current Clean Fuels Standard (CFS) proposed by the Canadian government and is opposed to the criteria for land use, asking for transparency around carbon numbers and any certification processes. The CFS currently contains restrictions on land use, which will discourage farmers from planting and […]
In Washington, Reuters reports the White House is backtracking from President Trump’s plans to use $300 million of USDA Commodity Credit Corporation funds to bail out the small refiners who weren’t granted gap-year SREs. There was significant backlash from the Midwest who said CCC funds are intended for farmers and not oil refiners. Even the […]
In Canada, the Canadian Press reports the Saskatchewan government is concerned the proposed Clean Fuel Standard will just be another carbon tax on the same emissions. The provinces’ energy and resources minister wrote to the federal minister of natural resources expressing concerns that the rules that would come into effect in 2022 with the aim […]
In Iowa, former Secretary Tom Vilsack and former Iowa Lt. Governor Patty Judge said that Trump’s $300 million aid package for oil and gas companies that may come from the U.S. Department of Agriculture Commodity Credit Corporation, the same program that would assist struggling farmers and biofuels producers, is “insulting” when similar requests for farmers […]
In Washington, Reuters reports that in response to the Environmental Protection Agency rejecting the pending “gap-year” requests through 2018, President Trump is looking at a potential $300 million bailout for refineries denied SREs for 2019 even though the EPA hasn’t yet announced which of those requests will be rejected. The idea of the USDA funded […]
In New York state, Democratic presidential nominee Joe Biden told Reuters President Trump’s efforts to help the ethanol industry were “too little, too late”, saying that rejecting the SRE gap-year waivers 50 days before the election wouldn’t make up for four years of negligence. The Biden campaign is pushing hard in corn states, seeking to […]
In Washington, after expiring on August 31 and a 20 percent tariff was temporarily applied to all U.S. ethanol, Brazil’s tariff rate quota (TRQ) has been extended for a further 90 days starting on Sept. 14. The following is a joint statement from Ryan LeGrand, President and CEO, U.S. Grains Council; Emily Skor, CEO, Growth […]
In Washington, Brazil and the United States have held consultations regarding their bilateral trade on ethanol. As a result, they have decided to conduct results-oriented discussions on an arrangement to improve market access for ethanol and sugar in Brazil and the United States. They will also consider an increase in market access for corn in […]
