Biobased and Renewable Products News: Capitol Hill

May 19, 2017
Senators Send SEC, EPA, Letter On Renewable Fuel Credit Market
On May 9, 2017, Senator Elizabeth Warren (D-MA), along with seven additional Democratic Senators, sent a letter to the Securities and Exchange Commission (SEC), the U.S. Environmental Protection Agency (EPA), and the Commodities Futures Trading Commission (CFTC) requesting an investigation into the activities of Carl Icahn for potential insider trading, market manipulation, and other securities and commodities law violations in the renewable fuel credit market.  The letter states that the actions of and the massive profit earned by Icahn raise questions related to conflict-of-interest ... read more >
May 12, 2017
Senate Finance Committee Introduces Clean Energy For America Act
On May 5, 2017, Senator Ron Wyden (D-OR) introduced to the Senate Finance Committee legislation focused on reducing carbon pollution over the next decade by incentivizing clean energy and promoting new technologies in the private sector.  The Clean Energy for America Act, which was co-sponsored by 21 Democratic Senators, provides a simplified set of long-term, performance-based energy tax incentives to promote clean energy production and storage.  The legislation would create a technology-neutral incentive for the domestic production of renewable transportation fuels based on the ... read more >
May 5, 2017
Bipartisan Bill Introduced To Reform The Biodiesel Tax Credit
On April 26, 2017, a bipartisan bill was introduced in the U.S. Senate to reform the biodiesel tax credit and extend the new policy for three years.  The American Renewable Fuel and Job Creation Act of 2017, which was sponsored by Senator Chuck Grassley (R-IA), Senator Maria Cantwell (D-WA), and 14 other senators, transfers the $1 gallon tax credit from the blenders to the producers of biofuels to ensure that it incentivizes domestic production.  The bill also provides an additional $0.10 gallon credit for small biodiesel producers in the United States.  According to a ... read more >
April 21, 2017
DOC Initiates Biodiesel Antidumping, Countervailing Investigation
On April 13, 2017, the U.S. Department of Commerce (DOC) announced that it was formally initiating antidumping (AD) and countervailing duty (CVD) investigations of biodiesel imports from Argentina and Indonesia.  The decision follows a petition filed by the National Biodiesel Board Fair Trade Coalition, as reported in the Biobased and Renewable Products Advocacy Group (BRAG®) blog post “National Biodiesel Board Fair Trade Coalition Files Antidumping, Countervailing Duty Petition.”  The National Biodiesel Board and U.S. biodiesel producers also provided testimony to ... read more >
March 31, 2017
Senators Send Trump Letter On RFS Point Of Obligation
On March 16, 2017, 23 Senators, including Senator Chuck Grassley (R-IA) and Senator Amy Klobuchar (D-MN), sent President Trump a bipartisan letter requesting that he maintain the point of obligation under the Renewable Fuel Standard (RFS) program.  In the letter, the Senators remind Trump that the RFS program was adopted to provide stability for renewable fuel producers and that the U.S. Environmental Protection Agency (EPA) determined that, to meet this goal, the point of obligation should be placed on refiners and importers.  Shifting the point of obligation downstream would ... read more >
March 17, 2017
Bipartisan Bill Introduced To Reform RFS Program
On March 2, 2017, Congressman Bob Goodlatte (R-VA) reintroduced the Renewable Fuel Standard (RFS) Reform Act, which aims to guide the debate and reform of the ethanol mandate.  According to Goodlatte, the RFS program failed to lower prices at the pump and resulted in unintended and profound effects on consumers, energy producers, livestock producers, retailers, and the environment.  The RFS Reform Act, which had 42 bipartisan cosponsors, would eliminate corn-based ethanol requirements, place a ten percent cap on the amount of ethanol that can be blended into conventional gasoline, ... read more >
March 17, 2017
Coalition Sends Letter To Trump On Ethanol Policy Changes
On March 7, 2017, the Governors’ Biofuels Coalition sent a letter to President Trump requesting the Administration’s support for changes to various federal policies to strengthen biofuels production and expand markets for ethanol and other biofuels.  The letter, which was signed by Nebraska Governor Pete Ricketts and Iowa Governor Terry Branstad, specifically highlights the need for the Trump Administration to change the fuel volatility limitations placed on E15, to update corn ethanol’s lifecycle carbon emissions profile to reflect advances in ethanol production ... read more >
March 9, 2017
Kathleen M. Roberts And Richard E. Engler Present At ABLC2017
On March 2, 2017, Kathleen M. Roberts, Executive Director of the Biobased and Renewable Products Advocacy Group (BRAG®), participated as a panelist alongside four other trade associations in the “Domestic Policy Forum” at the 2017 Advanced Bioeconomy Leadership Conference (ABLC2017).  Ms. Roberts discussed the challenges facing the bioeconomy, including the implementation of the amendments to the Toxic Substances Control Act (TSCA), issues with the TSCA nomenclature system, and the potential for increased scrutiny of renewable products under the current Administration, as ... read more >
March 9, 2017
Weekly Roundup of Other Biobased News
■  Fuels America, “America’s Biofuel Advocates Reject Effort to Derail Renewable Fuel Standard”   ■   The Hill, “House GOP to Prioritize Ethanol, Pipeline Legislation”   ■ Premier Jay Wetherill, “State Government to Support Legalisation of Industrial Hemp”   ■ Oil Price, “Biofuels May be the Future of the Aviation Industry”   ■ Princeton University, “Schmidt Fund Awards Go to Projects with Transformative ... read more >
March 3, 2017
Senators Send Letter To Pruitt On Volatility Regulations
On February 17, 2017, several Republican Senators sent a letter to Scott Pruitt, the U.S. Environmental Protection Agency (EPA) Administrator, to confirm their willingness to work with Pruitt to grow the nation’s economy and support American jobs and to request that Pruitt address EPA’s volatility regulation of ethanol fuel blends.  In the letter, the Senators describe the one pound per square inch (psi) waiver that allows gasoline blends containing ten percent ethanol (E10) to be sold during the summer months despite the gasoline volatility requirements in place from June 1 ... read more >
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