Close Menu
Global News HQ
    What's Hot

    Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure

    July 8, 2025

    PepsiCo and Wendy’s exec Kirk Tanner to become Hershey’s next CEO

    July 8, 2025

    It’s Time to Refresh Your Bathroom Towels—and Our Walmart Line Has the Softest Sets

    July 8, 2025
    Recent Posts
    • Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure
    • PepsiCo and Wendy’s exec Kirk Tanner to become Hershey’s next CEO
    • It’s Time to Refresh Your Bathroom Towels—and Our Walmart Line Has the Softest Sets
    • Wolfe Landau converting former Barneys in Chelsea 
    • The 2025 Pro Bono Scorecard: National Report | Law.com
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure
    • PepsiCo and Wendy’s exec Kirk Tanner to become Hershey’s next CEO
    • It’s Time to Refresh Your Bathroom Towels—and Our Walmart Line Has the Softest Sets
    • Wolfe Landau converting former Barneys in Chelsea 
    • The 2025 Pro Bono Scorecard: National Report | Law.com
    • Trade war live: Trump says no extension to August tariff deadline
    • Fitness and Wellness Deals Worth Adding to Cart on Amazon Prime Day July 2025
    • Falcon USD stablecoin loses dollar peg amid liquidity, collateral concerns
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Technology & Gadgets - Biofuels policy has been a failure for the climate, new report claims
    Technology & Gadgets

    Biofuels policy has been a failure for the climate, new report claims

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Biofuels policy has been a failure for the climate, new report claims
    Share
    Facebook Twitter LinkedIn Pinterest Email



    The new report concludes that not only will the expansion of ethanol increase greenhouse gas emissions, but it has also failed to provide the social and financial benefits to Midwestern communities that lawmakers and the industry say it has. (The report defines the Midwest as Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.)

    “The benefits from biofuels remain concentrated in the hands of a few,” Leslie-Bole said. “As subsidies flow, so may the trend of farmland consolidation, increasing inaccessibility of farmland in the Midwest, and locking out emerging or low-resource farmers. This means the benefits of biofuels production are flowing to fewer people, while more are left bearing the costs.”

    New policies being considered in state legislatures and Congress, including additional tax credits and support for biofuel-based aviation fuel, could expand production, potentially causing more land conversion and greenhouse gas emissions, widening the gap between the rural communities and rich agribusinesses at a time when food demand is climbing and, critics say, land should be used to grow food instead.

    President Donald Trump’s tax cut bill, passed by the House and currently being negotiated in the Senate, would not only extend tax credits for biofuels producers, it specifically excludes calculations of emissions from land conversion when determining what qualifies as a low-emission fuel.

    The primary biofuels industry trade groups, including Growth Energy and the Renewable Fuels Association, did not respond to Inside Climate News requests for comment or interviews.

    An employee with the Clean Fuels Alliance America, which represents biodiesel and sustainable aviation fuel producers, not ethanol, said the report vastly overstates the carbon emissions from crop-based fuels by comparing the farmed land to natural landscapes, which no longer exist.

    They also noted that the impact of soy-based fuels in 2024 was more than $42 billion, providing over 100,000 jobs.

    “Ten percent of the value of every bushel of soybeans is linked to biomass-based fuel,” they said.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous Article3 Face-Lifting Tips For Women 50+, From A Celebrity Makeup Artist
    Next Article After Testing More Than 30 Lawn Mowers, We Found the Best Self-Propelled Models

    Related Posts

    Fitness and Wellness Deals Worth Adding to Cart on Amazon Prime Day July 2025

    July 8, 2025

    Some Verge-favorite gadgets are cheaper during Prime Day 2025

    July 8, 2025

    Top Home Depot Promo Codes and Coupons for July 2025

    July 8, 2025

    Your future self will thank you for this 1TB cloud space

    July 8, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Cryptocurrency & Blockchain
    2 Mins Read

    Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure

    Tether CEO Paolo Ardoino revealed that the firm holds roughly $8 billion in gold in…

    PepsiCo and Wendy’s exec Kirk Tanner to become Hershey’s next CEO

    July 8, 2025

    It’s Time to Refresh Your Bathroom Towels—and Our Walmart Line Has the Softest Sets

    July 8, 2025

    Wolfe Landau converting former Barneys in Chelsea 

    July 8, 2025
    Top
    Cryptocurrency & Blockchain
    2 Mins Read

    Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure

    Tether CEO Paolo Ardoino revealed that the firm holds roughly $8 billion in gold in…

    PepsiCo and Wendy’s exec Kirk Tanner to become Hershey’s next CEO

    July 8, 2025

    It’s Time to Refresh Your Bathroom Towels—and Our Walmart Line Has the Softest Sets

    July 8, 2025
    Our Picks
    Cryptocurrency & Blockchain
    2 Mins Read

    Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure

    Tether CEO Paolo Ardoino revealed that the firm holds roughly $8 billion in gold in…

    Business & Entrepreneurship
    3 Mins Read

    PepsiCo and Wendy’s exec Kirk Tanner to become Hershey’s next CEO

    Longtime food and beverage exec Kirk Tanner was appointed as The Hershey Company’s new CEO…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version