The U.S. ethanol industry is fighting to maintain its record-setting growth despite the oil industry’s continuing attacks and the surge in global protectionism that threatens American exports of the corn-based biofuel.
The biofuels and fossil fuels industries are aggressively jockeying for position in the run-up to 2022 when the U.S. EPA will have broad discretion to re-write the rules for the Renewable Fuel Standard (RFS), which mandates the use of ethanol, biodiesel and other biofuels in the nation's transportation fuel supply.
In writing the five-year 2018 farm bill, Congress could add new provisions to support aquaculture, with the added benefit of boosting soybean growers’ income, according to testimony at a Senate hearing Tuesday.
The Ford Motor Company is championing world-wide efforts to use more agricultural resources in cars, trucks and other products. This push to increase the use of sustainable, renewable ag materials echoes Henry Ford's efforts to build indestructible car bodies from soybean-based bioplastics and his early steering wheels from wheat straw.
After scoring a major political victory with the passage of tax reform legislation in December, the Trump White House hopes to notch another win by passing legislation to upgrade the nation’s neglected infrastructure, including highways, bridges, broadband and marine transportation systems.
Partially offsetting today’s low commodity prices, there’s good news for farmers and the U.S. economy: By 2030, the U.S. could triple its use of “readily available non-food biomass resources from our nation’s farms, forests, and waste streams” to produce “transportation fuels, electricity, commercial products, and high-value chemicals.”