On the heels of last week’s Renewable Fuel Standard news in the U.S., both Canada and Finland announced details about their respective strategies to reach 2030 climate targets. Iowa, meanwhile, may be getting a new 120M-gallon ethanol facility in 2018. Your weekly news roundup is just ahead!

 

Canada to adopt national Low Carbon Fuel Standard

The Canadian government has announced plans to develop a low-carbon fuel standard that would require reductions in the carbon footprint of fuels supplied in the nation based on lifecycle analysis.

A statement issued by the government notes a clean fuel standard would be flexible and would promote the use of clean technology and lower carbon fuels. It would also promote alternatives, such as electricity, biogas, hydrogen and renewable fuels.

The primary objective of the program is to reduce greenhouse gas emissions by 30 megatons per year by 2030. The statement indicated this level of reduction would provide a significant contribution towards achieving Canada’s commitment to reduce emissions 30% below 2005 levels by 2030 and is equivalent to removing more than 7 million vehicles from the road for a year.

Learn more at Biomass Magazine.

 

Elite Octane in negotiations to build ethanol plant in Iowa

Elite Octane is negotiating with Iowa’s Cass County on an incentives package to develop a new 120-million-gallon ethanol plant with several proposals going back and forth predominantly dealing with tax rebates during the first 10 years of the plant’s life.

The state’s economic development agency already has secured a $4.25 million sales tax refund for 2019. Project developers expect to have the project online by April 2018 but it will be contingent on county incentives and securing permits to make the deadline.

Read about the project at Biofuels Digest or on KSOM 96.5.

 

Finland to phase out coal by 2030 and support waste-based energy

The government of Finland has approved a new national Energy and Climate Strategy outlining how the country plans to reach both domestic and EU climate targets by 2030.

In the outline, Finland’s center-right government set a goal to have the share of renewables in the Finnish energy pool surpass 50% during the 2020s, with a long-term goal of reaching carbon neutrality. Coal-based energy production will be phased out by 2030, and there will not be additional governmental investment in coal facilities.

The strategy recognizes the increased production and use of biogas, alongside with the developing domestic business around biogas.

EU mandated emission reduction actions will be clarified and expanded in early 2017, when the government will publish its medium- to long-term climate strategy.

Get more details about Finland’s renewable energy strategy at Bioenergy Insight.

Geoff Hayward

Communications Writer at Novozymes
Geoff writes about Bioenergy for the Communications team at Novozymes. When he isn’t advocating for an industry that’s changing the world for the better, he can be found on a North Carolina bike path or playing slide guitar.