-The Hagstrom Report
After the United States and Brazil apparently failed to reach an agreement to avoid Brazil imposing a 20% tariff on ethanol imports, the Renewable Fuels Association, U.S. Grains Council, Growth Energy, and the National Corn Growers Association said Wednesday that the Brazilian government’s decision to let the current tariff rate quota (TRQ) expire, replacing it with a 20% tariff on all imports of U.S. ethanol, “is devastating for the U.S. ethanol industry, the future of cooperation and coordination between our nations.”
“Today, Brazilian ethanol receives unfettered access into the U.S. market, while U.S. producers are denied reciprocal market access due to a restrictive import tariff designed solely to make U.S. product less competitive,” the groups said in a joint news release. “This unjust imbalance must be addressed. We urge the incoming Biden administration to respond with strength, leveraging various U.S. government tools and authorities to mak
As Congress continues to negotiate a new COVID-19 aid package, the pandemic continues to batter the U.S. ethanol industry and the Renewable Fuels Association (RFA) wants lawmakers to know the challenges producers are facing.
With losses from the pandemic nearing $4 billion, the ethanol industry continues to fight for implementation of the Tenth Circuit Court decision nationwide, and prepares to enter the new year with the uncertainty of having no Renewable Volume Obligations set for 2021.
Added to all of this, Brazil made the decision this week to impose a 20 percent tariff on all U.S. ethanol imports.
RFA held a press conference to provide an update on these issues and more with:
Biofuels coalition files brief challenging 31 SREs in 2018
By Renewable Fuels Association, Growth Energy, National Corn Growers Association, National Biodiesel Board, American Coalition for Ethanol, and National | December 08, 2020
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The Renewable Fuels Association, Growth Energy, National Corn Growers Association, National Biodiesel Board, American Coalition for Ethanol, and National Farmers Union today filed a brief challenging EPA’s August 2019 decision to exempt 31 small refineries from their obligations to comply with the Renewable Fuel Standard in 2018. Collectively known as the Biofuels Coalition for this case, the group submitted its filing to the D.C. Circuit Court of Appeals, arguing that EPA lacked the authority to issue such exemptions and that it acted in an arbitrary and capricious manner in attempting to do so.
Brazil Tariff Decision Devastating For US Ethanol agwired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agwired.com Daily Mail and Mail on Sunday newspapers.
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