Agriculture
With Trump's Return, Oil Refiners May Dominate RFS - Analyst Says
2024-12-12
The incoming Trump administration holds significant implications for the biofuels industry. According to biofuels analyst Scott Irwin of the University of Illinois, if it repeats the pattern of the president-elect's first term, it is likely to be unfriendly. There is a possibility of liberal approvals for waivers exempting small refiners from the Renewable Fuel Standard (RFS), along with efforts to reduce the ethanol mandate.

Refiners' Potential Resurgence

During a farmdoc daily webinar, Irwin stated, "We should assume refiners will be back in the driver's seat." It is expected to be a challenging and unpredictable journey in determining how this will ultimately affect biofuels. As such, it is crucial to be prepared and adapt.

Impact on Corn Ethanol in the First Trump Administration

In 2020, during the first Trump administration, corn ethanol use declined to 12.5 billion gallons. The EPA issued numerous small refinery exemptions under Trump. Farm-state lawmakers repeatedly appealed to President Trump to intervene with the EPA regarding the treatment of renewable fuels. This shows the significant influence of the administration on the biofuels sector.

Nomination of Lee Zeldin and His Potential Impact

This time, Trump has selected former Rep. Lee Zeldin of New York as his nominee for EPA administrator. During his four terms in the House, Zeldin sponsored bills to eliminate the RFS and block ethanol blends in gasoline exceeding 10%. If confirmed by the Senate, one of his early tasks will be setting the RFS for 2026–28. The Biden administration issued a three-year RFS "set" in 2022 but delayed the next set until December 2025, contrary to legal requirements. The 2025 RFS calls for using 15 billion gallons of corn ethanol and 7.4 billion gallons of cleaner-burning "advanced" biofuels.

The Role of Biofuels in Trump's Energy Independence Goal

The biofuel industry emphasizes that ethanol, derived from domestic grain, aligns with Trump's goal of energy independence. However, without policy incentives, there is no market for these fuels. The RFS is the most crucial factor in determining demand, along with the rules for the new 45Z clean-fuel tax credits and the potential impact of trade wars on fuel feedstock imports.

Uncertainty and Outlook

University of Illinois professor Irwin concluded, "I wish I could be more certain in outlook, but policy markets... are most uncertain when policy is highly uncertain." This highlights the complexity and unpredictability of the situation. It is essential to closely monitor the developments and adapt strategies accordingly.
Congress Proposes $10B Economic Aid to Farmers Before Adjournment
2024-12-12
With Congress set to adjourn in just 10 days, Democrats have put forth a significant economic assistance plan. This initiative aims to provide $10 billion in aid to farmers across the nation, aiming to cushion the blow of lower commodity prices. The drive for farm aid is concurrent with the House Democrats' decision-making process regarding the three-way race for the Democratic leadership position on the Agriculture Committee in the new session starting on Jan. 3.

Democrats' Farm Aid: A Lifeline for Spring Planting Season

Democratic Proposal and Its Components

Under the Democratic proposal, a substantial portion of the funds would be directed towards growers of major row crops. Nearly $8.8 billion would be allocated to them. Producers would also receive more than $1 billion in reimbursements for crop insurance premiums and fees related to two similar risk management programs. This expense is offset by reallocating billions of dollars of climate funding into USDA conservation programs.The top recipient state would be Texas, receiving $1 billion in aid. Iowa follows with $860 million, Kansas with $850 million, Nebraska with $650 million, and North Dakota with $640 million. Every state, except Alaska and Hawaii, would get a share of this much-needed money. As stated in a Democratic post on social media, "This is real help that will reach farmers by the spring planting season."

Senate and House Perspectives on Farm Aid

Sen. Cindy Hyde-Smith emphasized that farmers need not only disaster relief proposed by President Biden but also financial aid. She advocated for an additional $15 billion for market losses. An aide to John Boozman, the senior Republican on the Senate Agriculture Committee, stated that "That’s a level of economic assistance Sen. Boozman would support." Boozman and House Agriculture Committee chairman Glenn Thompson have called for "substantial economic aid" in the face of lower farm income. Hyde-Smith also mentioned that the House and Senate Agriculture committees are working on a market loss package of around $15 billion.Hard-line House Republicans oppose the idea of shifting climate funds into the USDA baseline as they seek to rescind as much funding as possible from the 2022 climate, healthcare, and tax law. House Speaker Mike Johnson has reportedly informed farm-state Republicans that an extension of the farm bill cannot include economic aid.
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Google Pixel 9a Leak: 5 Key Spec Changes vs Pixel 8a
2024-12-12
The world of smartphones is abuzz with the latest revelations about the Google Pixel 9a. In a new report from Android Headlines, a treasure trove of specifications has been spilled, offering a tantalizing glimpse into how the upcoming cheaper Pixel will differ from its predecessor, the Pixel 8a. Let's dive in and explore these details.

Uncover the Hidden Gems of the Google Pixel 9a

Starting Price and Size

The pricing information is of utmost importance. Android Headlines claims that Google will maintain the Pixel 9a's price at the same level as the Pixel 8a, with a basic starting price of $499. In terms of size, the Pixel 9a measures 154.7 x 73.3 x 8.9 mm and weighs 185.9 grams. While it has a slightly larger screen at 6.3 inches compared to the 6.1-inch Pixel 8a, it isn't significantly larger overall and is even slightly lighter.

This combination of a reasonable price and a manageable size makes the Pixel 9a an attractive option for those seeking a budget-friendly smartphone without sacrificing too much in terms of dimensions.

Display and Battery

The Pixel 9a's display is set to be a highlight. It will feature a 6.3-inch "Actua" OLED panel with a refresh rate ranging from 1 to 120Hz. This promises a smooth and immersive visual experience. Additionally, the display will retain the Gorilla Glass 3 material for enhanced scratch and drop resistance. With a claimed 2,700 nits peak brightness via Google's Actua OLED tech, it could potentially outshine the Pixel 8a in terms of display performance.

One of the most significant upgrades is the battery. The Pixel 9a will come with a sizable 5,100 mAh cell, which is a 13% increase compared to the 8a's 4,492 mAh battery. This could lead to impressive gains in battery life, allowing users to stay connected for longer periods without the need for frequent charging.

Camera Specifications

When it comes to cameras, the Pixel 9a seems to take a step back in terms of the main camera. It is rumored to swap the Pixel 8a's 64MP sensor for a new 48MP, f/1.7 one. While the resolution is lower, there is more to a camera than just megapixels. We'll have to wait and see if Google has improved the camera output in other areas.

However, the ultrawide and front cameras will remain unchanged, sticking with the same 13MP resolution as before. This ensures that users will still be able to capture wide-angle shots and take selfies with decent quality.

Other Features

The Pixel 9a will also inherit the IP68 dust and water resistance rating, which is a standard feature for premium phones. In terms of colors, users will have the option of Obsidian black, Porcelain white, Iris blue, or Peony pink, adding a touch of style to the device.

Regarding charging, the Pixel 9a will offer 23W wired charging and 7.5W wireless charging. While there is no Qi2 compatibility, it still provides a decent charging experience. As for the launch window, there is no specific information yet, but based on previous leaks and educated guessing, it is likely to debut by May 2025 at the latest and possibly as early as March. We'll be keeping a close eye on its release and putting it through its paces to see if it lives up to the expectations.

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