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More RFS "Hardship" Waivers! (Ind. Report)
EPA,American Soybean Association
Date: 2019-08-26
On Friday the 23rd, the EPA announced it was granting 31 more Renewable Fuel Standard (RFS) "hardship" waivers -- a whopping 31 of 38 total Small Refinery Exemption (SRE) applications for the 2018 compliance year.

In July, EPA announced biomass-based diesel and advanced biofuels volumes for 2021 will remain stagnant but again failed to account for the significant gallons lost because of SRE, which makes the proposed volume, in effect, a reduction for biofuels.

The waivers announced Friday evening combined with those issued for 2016 and 2017 RFS volumes brings the total number to more than 80 retroactive waivers, which significantly reduces biodiesel demand and results in billions of dollars in economic harm to the U.S. biodiesel industry, including soybean farmers.

Kentucky soybean grower and American Soybean Association (ASA) president Davie Stephens responded to the latest round saying "Of course ASA is unhappy. These exemptions undermine President Trump's pledge to support the RFS and undermine the Administration's efforts to support farmers who are already bearing the brunt of trade disruptions. EPA's decision is another blow to yet another market for soybean farmers." (Source: American Soybean Association, Daily American, Various Media, 26 Aug., 2019) Contact: American Soybean Association, Dave Stephens, Pres., (314) 576-1770, www.soygrowers.com

More Low-Carbon Energy News EPA,  "Hardship" Waivers,  American Soybean Association,  


Ag.Groups Call for Biodiesel Tax Credit Extension (Reg & Leg.)
NBB,National Biodiesel Board
Date: 2019-05-24
Thirteen trade groups representing farmers, rural lenders, crop and biobased oil producers, and biodiesel producers today wrote leaders of the House of Representatives and Senate, asking them to act on bipartisan legislation to extend the biodiesel tax incentive:

"America's farmers and rural communities are facing a mounting economic threat. With your leadership, Congress can help mitigate the crisis by taking immediate action on a policy that enjoys bipartisan, bicameral support. We are writing today to ask you to renew and extend the biodiesel tax incentive at the earliest opportunity.

"Income for America's farmers is falling, and the impact is beginning to be felt in other sectors of the rural economy. Biodiesel production adds value to oil seed crops and recycled oils, providing one bright spot for the agriculture sector. Congress can take rapid action to renew the biodiesel tax incentive -- a policy that enjoys broad bipartisan support -- to help U.S. biodiesel producers continue growing."

The letters group include the Agricultural Retailers Association, American Farm Bureau Federation, American Soybean Association, CoBank, Corn Refiners Association, Farm Credit Council, National Biodiesel Board, National Council of Farmer Cooperatives, National Farmers Union, National Oilseed Processors Association, National Renderers Association, National Sorghum Producers, and U.S. Canola Association.

A copy of the letter is available for download HERE. (Source: National Biodiesel Board , KTIC, 22 May, 2019) Contact: National Biodiesel Board, Kurt Kovarik, VP Federal Affairs, (800) 841-5849, www.biodiesel.org

More Low-Carbon Energy News Biodiesel,  National Biodiesel Board,  NBB,  


EU Biodiesel Market Open to US Soybeans (Ind. Report)
American Soybean Association
Date: 2019-01-30
The European Commission (EC) is reporting that U.S. soybean production now meets EU sustainability standards as outlined in its Renewable Energy Directive (RED). Accordingly, biodiesel produced from documented soybeans can now be used in the EU.

The U.S. soy industry has its own sustainability guideline, the Soybean Sustainability Assurance Protocol that the EU now acknowledges meets its rigorous RED requirements through July 1, 2021 or longer.

The U.S. is the EU's largest soybean for biodiesel supplier. (Source: American Soybean Association, 29 Jan., 2019) Contact: American Soybean Association,(314) 576-1770, www.soygrowers.com

More Low-Carbon Energy News Soybean,  Biodiesel,  American Soybean Association,  


Biodiesel Tax Credit Still in Limbo (Reg. & Leg.)
American Soybean Association
Date: 2019-01-04
According to an American Soybean Association posting, on Dec. 20, 2018, the U.S. House of Representatives passed a package of tax provisions, including extension of the biodiesel tax credit, by a vote of 220-183. However, that tax package did not get a vote in the Senate prior to the stalemate on the remaining government funding bills that resulted in a partial government shutdown and time running out on the 115th session of Congress. A new Congress is sworn in on Jan. 3 marking the start of a new session and any legislation will have to be re-introduced in the House or Senate. Given the on-going stand-off on government funding and the border wall, it is unclear when or if pending tax issues will be addressed. ASA notes it will continue to reiterate the value and importance of the biodiesel tax credit and urge Congress to enact a long-term extension as soon as possible. (Source: American Soybean Association, 3 Jan., 2019) Contact:

More Low-Carbon Energy News American Soybean Association,  Biodiesel,  Biodiesel Tax Credit,  


Ag Groups Admonish The Donald to Leave RFS As Is (Ind. Report)
RFS
Date: 2018-02-28
A coalition of farm groups sent President Trump -- aka The Donald -- a letter on Monday asking him to leave the Renewable Fuels Standard (RFS) as is.

"Rural America supported President Trump last year, now we need the President to support rural America. Supporting policy changes that undermine the RFS will hurt farmers, renewable fuel plant workers, and rural America. Mismanagement of a single refinery should not be used as an excuse for undoing ten-years of sound policy," said National Corn Growers Association (NCGA) President Kevin Skunes in a statement.

The NCGA, American Farm Bureau Federation, American Soybean Association, National Wheat Growers Association, National Sorghum Growers Association and National Farmers Union all signed the letter which was also sent to Secretary of Agriculture Sonny Perdue and EPA administrator Scott Pruitt.

The letter notes that while some refiners, including the one that filed bankruptcy, say Renewable Identification Number's (RINs) cause financial hardship, last year the EPA investigated the issue and found they were "not causing economic harm to refiners." (Source: NCGA, AGPRO, 26 Feb., 2018) Contact: NCGA, (202) 326-0644, www.ncga.com

More Low-Carbon Energy News RFS,  Trump,  National Corn Growers Association,  RINS,  


ASA Calls for 400 Mn Gal. Increase in Biodiesel Volumes (Ind. Report)
American Soybean Association
Date: 2017-09-13
In St. Louis, the American Soybean Association (ASA) recently called upon U.S. EPA Administrator Scott Pruitt to increase the volumes for biomass-based diesel by 400 million gallons over the EPA's proposed 2.5 billion gallons in 2019.

According to the ASA, "The EPA and the administration are missing an easy opportunity to help the agriculture and rural economy. …An increase of biomass-based diesel volume requirements to 2.5 billion gallons in 2019 and the advanced biofuels volumes to 4.75 billion gallons in 2018 is achievable and warranted.

"Since 1980 U.S. soybean farmers have increased production by 96 pct while using 8 pct less energy, land use per ton of soybean production has decreased by 35 pct and greenhouse gas emissions have decreased by 41 pct per ton," the ASA added.

According to ASA modeling, additional soybean supplies will support the increased biomass-based diesel and advanced biofuels volume levels while feedstock prices will be less than their five-year average. (Source: American Soybean Association , Sept., 2017) Contact: American Soybean Association, Ron Moore, Pres., (314) 576-1770, www.soygrowers.com

More Low-Carbon Energy News American Soybean Association ,  Biodiesel,  

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