As seen in Ethanol Producer Magazine: While some ethanol plants are struggling to cover their operating expenses, Connie Lindstrom, senior biofuels analyst with Christianson CPAs & Consultants, says there is also reason for optimism in the industry. “There are plants that are hanging in there and they’re doing fine,” she says. Lindstrom presented Christianson’s industry benchmarking numbers at the 2019 Fuel Ethanol Workshop & Expo in June and says the data doesn’t point to a specific factor for plants’ success or failure, such as size or location. “We have solidly performing plants that are any size or that are in many locations,” she says. “There are ways to be successful, even in times like this where the margins are so tight. Read More...
Archives for September 2019
Oregon Releases Draft Rule for Verification Program
Our compliance experts work hard to identify and research new regulations and opportunities to keep you up to date with the ever-changing rules that guide our industry. Recently our compliance experts identified a new regulation that we wanted to introduce to you, the first draft of Oregon’s verification rules. On Friday, September 6, Oregon’s Department of Environmental Quality (DEQ) released three draft rules. Two of the draft rules are updates and modifications to Oregon’s existing Greenhouse Gas Reporting Program (Division 215) and Clean Fuels Program (Division 253). The third draft rule was the addition of Division 272, Third Party Verification. We would like to call your attention mainly to the Third Party Verification Rule at Read More...
RenovaBio – A Brazilian Carbon Reduction Regulation
RenovaBio is a Brazilian carbon reduction regulation that will become effective in December of this year. The regulation was fast tracked and has developed very quickly leaving a lot of questions and concerns for the US renewable fuel industry. In our attempts to keep you current with recent industry happenings, Christianson has prepared a brief overview of the program and the main concerns for U.S. participants. There are three main points that we want to address prior to getting into the overview of the model and regulation. First, it was announced that the Brazilian tariff rate quota would remain intact but would be raised to 198 million gallons of tariff free gallons rather than the previous 159 million gallons. Anything Read More...