Chevron Corporation and Renewable Energy Group, Inc. announced today a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share. The acquisition combines REG’s growing renewable fuels production and leading feedstock capabilities with Chevron’s large manufacturing, distribution and commercial marketing position. After closing of the acquisition, …
Hearing Looks at Rural Renewable Economy
A House Agriculture Subcommittee hearing on the “Renewable Economy in Rural America” provided a forum for lawmakers on both sides of the aisle to urge the Biden administration to keep its promises to the biofuels industry, particularly when it comes to issuing Renewable Volume Obligations under the Renewable Fuel Standard (RFS). “The administration should immediately issue robust RVO numbers for …
USDA Invests $464 Million in Renewable Energy Infrastructure
Agriculture Secretary Tom Vilsack Thursday announced that USDA is investing $464 million to build or improve renewable energy infrastructure and to help rural communities, agricultural producers and businesses lower energy costs in 48 states and Puerto Rico. USDA is financing $129 million of these investments through the Rural Energy for America Program and $335 million through the Electric Loan Program. …
Biofuels Coalition Disappointed in Supreme Court Decision
The U.S. Supreme Court on Friday reversed an important aspect of the Tenth Circuit’s 2020 determination regarding small refinery exemption extensions granted by the previous administration. The four members of the coalition involved in the court case—the Renewable Fuels Association, National Corn Growers Association, American Coalition for Ethanol, and National Farmers Union—held a conference call for news media to discuss …
AnimalAgCast Goes Solar with Dairy
On this week’s AnimalAgCast, Lizzy Schultz spoke with Peter Gallo, a third-generation farmer and cheesemaker at Joseph Gallo Farms, a dairy farm in the San Joaquin Valley of California. The operation has been a pioneer in sustainable farming practices and recently made headlines following the decision to install a new 2 megawatt (MW) solar array to supply renewable energy on-site. …
Presidential Hopeful Huckabee: Energy as Weapon
The CNN Republican Presidential Candidates debate from Las Vegas this week was focused entirely on national security issues, but the word biofuels was actually uttered by one of the candidates who put forth the idea of using energy as a weapon. “We ought to be challenging not only Russia, but the Iranians and the Saudis, on the point of energy,” …
Trump and Cruz Talk Ethanol in Iowa
During an appearance at the Iowa State Fairgrounds on Friday, Republican presidential front runner Donald Trump talked about his support for ethanol and how his primary rival in the state, Sen. Ted Cruz of Texas, supports oil. “He’s got to come a long way because he’s right now for the oil,” Trump said. “If Ted Cruz is against ethanol, how …
Growth Energy Reacts Positively to Improved #RFS
Growth Energy reacted positively to the improved and final renewable volume obligation numbers (RVOs) under the Renewable Fuel Standard (RFS) released by the EPA during a press call. On the call, Tom Buis, Growth Energy co-chairman, said that on behalf of its members, Growth was specifically pleased that the RVOs have been finalized after such a long delay and that …
EPA Releases Final RFS RVOs
The U.S. Environmental Protection Agency (EPA) held a media call to announce the final volume requirements (RVOs) under the Renewable Fuel Standard program for 2014, 2015 and 2016. The EPA also discussed the final RVOs for biomass-based diesel for 2014-2017. On the call was Janet McCabe, acting Assistant Administrator for EPA’s Office of Air and Radiation who noted, technologies for …
ARF Releases Candidate Midterm Report Card
America’s Renewable Future (ARF) released a 2016 Presidential Candidate midterm report card today during a press call putting candidates into three categories: good, needs work and bad. Scores were based on the candidates’ support of the Renewable Fuel Standard (RFS) and ethanol in particular. Candidates who received good grades included Hillary Clinton, Donald Trump (who is visiting an ethanol plant …
Poll: African Americans Back Climate Action, Clean Energy
According to a new poll released today by the Natural Resources Defense Council (NRDC) and GREEN FOR ALL, two-thirds of African Americans believe global warming is a serious problem and want more action to curb its effects. This group also supports the Clean Power Plan (CPP), finalized in August, as a tool to address the climate crisis while 83 percent …
New Poll Shows Iowa Voters Support RFS, Ethanol
The results of a new poll released today find that a majority of caucus-goers from both political parties would be more likely to vote for a presidential candidate who supports the Renewable Fuel Standard (RFS) and biofuels, specifically ethanol. The poll also found that 61 percent of Republicans and 76 percent of Democrats would be more likely to support a …
Ethanol Celebrates Decade of RFS Success
August 8, 2015 marks the 10th anniversary of the Energy Policy Act of 2005 (EPAct) containing the original Renewable Fuel Standard (RFS) being signed into law by President George W. Bush. In this “Ethanol Report” interview, Renewable Fuels Association president and CEO Bob Dinneen recounts the success of the RFS over the past decade and how it has changed energy, …
Fuels America’s RFS Call Sets Record Straight
Fuels America held a press conference today to counter attacks on ethanol by the American Petroleum Institute (API) and to provide comments in advance of the Senate Homeland Security Committee hearing tomorrow, “Re-examining EPA’s Management of the Renewable Fuel Standard Program,” that will be focused on examining EPA’s management of the RFS. Participating in the Fuels America press call were Cal …
2015 ACE Fly-In
The 2015 American Coalition for Ethanol (ACE) brought the troops to Washington D.C. this week to talk with our Nation’s leaders about the importance of the Renewable Fuels Standard. The troops were a diverse group of growers, manufactures, retailers and others in the industry with a keen interest in renewable energy. Photos from the event can be found here: 2015 …