Ethanol Week - January 12, 2021

Supreme Court to review Tenth Circuit Court ruling on SREs The U.S. Supreme Court announced on Jan. 8 it will review a Jan. 24, 2020 ruling by the Tenth Circuit Court of Appeals that, if implemented nationally, would reduce the number of obligated parties that are eligible to apply for SREs under the RFS. READ MORE SHARE
IRS issues final rule for 45Q tax credit The U.S. Treasury Department and the IRS on Jan. 6 issued final regulations regarding the section 45Q tax credit for qualified carbon oxide sequestration. The Carbon Capture Coalition said the rule provides overdue regulatory and financial certainty. READ MORE SHARE
	USDA: US ethanol exports at 114 million gallons in November The U.S. exported 113.62 million gallons of ethanol in November and 927,604 metric tons of distillers grains according to data released by the USDA FAS on Jan. 7. Exports of both products were down when compared to the previous month. READ MORE SHARE
RFA: Biden can slash carbon emissions by 12M tons on day one On “Day One” in office, President-elect Biden’s incoming administration can immediately secure 10.7 million metric tons of GHG reductions simply by rejecting the 66 pending small refinery exemptions and implementing a 2017 court order. READ MORE SHARE
Gevo proposes to build ‘Net Zero 1’ project in South Dakota Gevo Inc. announces the concept of net-zero Projects for the production of energy dense liquid hydrocarbons using renewable energy and Gevo’s proprietary technology. The company plans to build its first net-zero project in South Dakota. READ MORE SHARE
	Groups reject EPA’s excuse for failing to comply with court order On Jan. 7, a coalition of biofuels and ag trade groups filed its reply in support of its November 2020 motion in the U.S. Court of Appeals in the District of Columbia. The motion asks the court to enforce its 2017 decision on improper RFS waivers. READ MORE SHARE
SkyRNG, LanzaTech to build alcohol-to-jet facility in Europe Netherlands-based SkyNRG has announced it is leading a consortium that will build a 30,000-ton-per-year alcohol to jet (ATJ) facility in Europe. LanzaTech will supply its ATJ technology to the facility. READ MORE SHARE
Ingredion idles 45 MMgy ethanol plant in Cedar Rapids, Iowa Ingredion confirmed on Jan. 6 it is idling its 45 MMgy ethanol plant in Cedar Rapids, Iowa. A company spokesperson attributed the decision to “current market conditions [that] have impacted the entire ethanol industry.” READ MORE SHARE
EIA: Ethanol production up slightly, stocks down 1% U.S. ethanol production was up slightly the week ending Jan. 1, according to data released by the U.S. Energy Information Administration on Jan. 6. Weekly ending stocks of fuel ethanol fell by approximately 1 percent. READ MORE SHARE
Green Plains, Ospraie acquire majority stake in Fluid Quip Green Plains Inc. has acquired a majority interest in Fluid Quip Technologies in a joint transaction led by Ospraie Management LLC. The transaction will rapidly expand installation of Ultra-High Protein production across Green Plains’ facilities. READ MORE SHARE