The Renewable Fuels Standard (RFS) is an American success story. It has helped reduce America's dependence on foreign oil, stimulated investment in domestic renewable energy, and helped consumers by lowering the price of gas. Learn more in the info-graph from the RFA.
2011 was a momentous year for America’s ethanol industry both domestically and internationally. From new markets to new technologies to a new policy framework, the events of 2011 will shape the future of America’s renewable fuel industry.
America is home to the most innovative, productive and efficient ethanol and grain producers in the world. This increasing productivity and efficiency contributes directly to ethanol’s ability to lower greenhouse gas emissions from gasoline on a lifecycle basis. American farmers and ethanol producers are consciously investing in technology that dramatically lowers their carbon footprint while producing more fuel, feed, and food than ever before.
In the second part of RFA’s series on the improving efficiencies of corn ethanol production, the focus will be specifically on input use—both on the farm and at the biorefinery.
As the nation teeters on the brink of default, lawmakers from both parties continue to squabble while others seek to further erode the progress America has made in reducing our reliance on imported oil.
For ethanol interests, the United States Senate was a cauldron of confusion this week. As is often the case in Washington, things are not as they appear. This week's ethanol debate had little to do with ethanol and even less to do with true energy policy. It was old fashioned political theater.
As if more evidence was needed that America must end its coerced affair with OPEC, Javier Blas at the Financial Times reports that $100+ oil is likely the new norm. Why? Because OPEC members like Venezuela and Iran need to balance their books after years of “rampant military spending.”
Whether it’s the surprising price spread between WTI and Brent crude prices, declining oil imports, lower gasoline prices at the pump, or the frayed nerves of a Saudi oil minister, U.S. ethanol is clearly having a meaningful impact on U.S. and global oil supplies, demand, and prices.
Since its very inception, the global biofuels industry has unfairly been portrayed by some ardent detractors as a sector that creates an unavoidable “food vs. fuel” choice. Luddites and Malthusians have suggested that crop-based biofuels simply can’t provide significant volumes of energy for transportation without starving the world’s poor. Unfortunately, these extreme views of biofuels have sometimes been fortified by alarmist rhetoric and doomsday sound bites from leaders of major international organizations, quasi-governmental groups, and NGOs. Against this backdrop, it was quite refreshing to see two reports in the last week that highlight the extraordinary potential of biofuels to serve as agents of rural development and enhancers of food security in developing nations.
As turmoil and violence rattle the Middle East and Northern Africa, the fragile American and worldwide economic recovery is being put into jeopardy as oil prices continue their climb over $100. Meanwhile, the U.S. Congress is voting on provisions that would limit use of the only widely available alternative to imported oil…Ethanol.
This morning at the 16th Annunal National Ethanol Conference, I will be giving the State of the Industry Address, dicussing the successes the ethanol industry has had and challenges that are in front of us.
While some of the most violent clashes in Egypt have calmed, the situation remains very volatile. A peaceful resolution and the institution of a truly democratic government are everyone’s hopes for the people of Egypt. But the unrest and the possibility that it could spread to other countries in the Middle East underscores the need for America to get serious about a domestic energy policy.
As the Republicans made tremendous gains last night, it is anticipated that this town will become more Republican in January. However, with this change, there will be no meaningful impact on the U.S. ethanol industry. Ethanol is not now, nor has it ever been a partisan issue. As the Republicans made tremendous gains last night, it is anticipated that this town will become more Republican in January. However, with this change, there will be no meaningful impact on the U.S. ethanol industry. Ethanol is not now, nor has it ever been a partisan issue.
Following Secretary Vilsack’s speech at the National Press Club in Washington, DC on October 21, he took a road trip down to the Southeastern region of the country to visit and tour RFA Member First United Ethanol, LLC or FUEL, located in Mitchell County, Georgia. On his October 25th meeting, Vilsack alongside U.S. Representative Sanford Bishop met with FUEL’s Board of Directors and employees to emphasize the need to stop our dependence on foreign oil.
Following this morning's remarks by Agriculture Secretary Tom Vilsack regarding Obama Administration biofuel policy, Renewable Fuels Association President and CEO Bob Dinneen issued the following statement: "The Obama Administration has shown strong leadership on the issue of domestic biofuels, putting forward a vision that recognizes the importance of the existing industry and the potential of new technologies. Domestic ethanol production is one of the few bright spots in a gloomy economic forecast, providing tens of thousands of jobs in hundreds of rural communities all across the country. By expanding the scope of American ethanol production to include new feedstocks from grasses to wood waste to algae, the industry can extend the benefits seen in rural America to every corner of the country".....
Not ones to miss an opportunity to cricitize renewable fuels, a group led by the usual suspects of Big Oil and Big Food can come out against E12. While its unclear why such a statement is being made now, it nonetheless will not go unanswered.
Since its creation, the Department of Energy’s Renewable Energy Loan Guarantee Program (as established by the 2005 energy bill) has been defined by inaction and obstruction and is largely seen as a complete failure to date in terms of bringing next generation biofuel technologies to the marketplace. Additionally, the loan guarantee program has been raided time and again to pay for other federal programs with little if anything to do with renewable energy. Despite repeated promises to restore funding, money stolen from the program is still MIA. At the Senate hearing this Thursday, DOE officials and members of Congress have some explaining to do.
The August 27 blog post “Corny Capitalism” on the American Spectator website begs the question: When did The American Spectator stop fact checking? In fact, with the outdated information used in this story, one has to wonder how long it sat on the shelf waiting for a slow, sleepy week in summer to be dusted off and electronically published. And what is Matt Purple and The American Spectator’s answer to ending this country’s dangerous – both in terms of human life as well as the environment – addiction to foreign oil? It would appear that they would prefer to continue the status quo of sending billions and billions of dollars to hostile countries like Iraq and Venezuela.
The Big Oil Status Quo coalition is up to their old games again. They are deploying every stall tactic they can think of to keep the EPA from making a decision that will ultimately help reduce this country’s dependence on environmentally unfriendly, foreign-sourced oil.