Governmental Regulations
Remember when Trump was president and he tried to find a “win-win” regarding ethanol policy? In the end, neither side was satisfied. That again is the case with EPA’s year-round E15 sale announcement on Wednesday.
“This proposal, while well-intended, still leaves the country with a patchwork of regulations that prevents the nation’s driving public from enjoying the full benefits of biofuels,” said Sen. Deb Fischer.
Without the Office of Management and Budget approval, states will be unable to sell E15 fuel in the summer months.
“Over the long term, our projections suggest that changes in fiscal policy must be made to address the rising costs of interest and mitigate other adverse consequences of high and rising debt,” CBO Director Swagel said
A filing Tuesday by the Department of Justice urged a federal court in Illinois not to throw out a class action suit that consolidated several farmers’ lawsuits against John Deere over repair restrictions.
Gary Kempker loses $40,000 per year because he cannot access his own farmland. The government, Kempker says, has turned a blind eye in favor of big business.
In hopes of solidifying American ag’s competitive role in global markets, 27 House members signed a letter to the White House, stressing the importance of ag research investments in the 2024 budget.
With Republicans now in control of the House, Rep. RandyFeenstra (R-Iowa) said he wants to introduce legislation shielding the stepped-up basis and like-kind exchanges.
According to USDA, the pilot will mirror the working library that was shared with stakeholders in 2022 but will now contain active contracts.
“The funds awarded today by the DOE will undoubtedly accelerate the innovations taking place at U.S. ethanol plants, opening new opportunities for low-cost, low-carbon energy,” says Growth Energy’s Emily Skor.