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0Report: Can we credit the Tea Party for ending ethanol tax credit? 1325971020
The Tea Party movement was a key factor in ending corn-based ethanol subsidies because it pushed Republican candidates to speak out against spending, in this case monies that would provide little benefit to the transportation industry while exacerbating the national debt and deficit ...
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Study: Biofuels market value to double to $185.3 billion in ten years 1318852800
Will there be enough feedstock to support a massive biofuel boom? It sure seems possible, 'cause Pike Research predicts that the value of the biofuels industry could double in the next ten years, depending on the emergence of advanced feedstocks. Motivated, mainly, by concerns about energy ...
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Report: Is rapeseed biodiesel worse for the environment than diesel? 1318265820
As one might expect, Europe's biodiesel industry rejected the findings of a draft study showing that the cultivation of rapeseed for biodiesel is likely significantly worse for the environment than manufacturing conventional diesel, i.e., from petroleum. On Friday, the European Biodiesel Board ...
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USDA: Advanced biofuel payouts will create jobs, jobs and even more jobs 1317409020
Let's create jobs while concurrently expanding the U.S. output of advanced biofuels, says Department of Agriculture Secretary Tom Vilsack. Just days ago, the USDA announced that its will fork over some money to more than 160 energy producers in 41 states to support the expansion of advanced ...
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World's largest renewable diesel refiner says cost of fuel is way more than anticipated 1317246000
Exactly how much does it cost to produce a ton of renewable diesel fuel? Well, according to Neste Oil, the world's largest renewable diesel firm, the answer is: way more than anticipated. In releasing its updated future outlook, Neste Oil revealed its estimated production cost, not including ...
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Neste Oil fires up Europe's largest renewable diesel facility 1316881440
Over in the Netherlands, Neste Oil has celebrated the opening of Europe's largest renewable diesel facility. Located in Rotterdam, Neste Oil's new site boasts an annual production capacity of 800,000 tons of the firm's NExBTL renewable diesel fuel. NExBTL technology allows Neste to use a wide ...
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Report: PetroChina to boost biofuel production by 1.1 million tons by 2015 1315919040
PetroChina, the world's third most valuable company as of the second quarter of 2011, says it will add 1.1 million tons of biofuel production capacity by 2015, according to a company official who spoke with Reuters. Additionally, PetroChina says it will import 470,000 tons of biofuels by 2015, as ...
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Worldwide production of biofuels up 17% in 2010 1314903180
Global production of biofuels soared to an all-time high of 105 billion liters (28 billion gallons U.S.) in 2010, according to research conducted by Worldwatch Institute for the website Vital Signs Online. That output represents a 17-percent increase in compared to the estimated 90 billion liters ...
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Petrobras to invest $2.5 billion to increase production of biodiesel, ethanol 1314021900
Brazilian energy giant Petrobras, through its wholly-owned subsidiary Petrobras Biocombustível, will invest a massive $2.5 billion between 2011 and 2015 to increase production of biodiesel and ethanol. This hefty chunk of change is part of $4.1 billion Petrobras earmarked for its biofuels ...
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Alternative fuel consumption steady in 2009 1313708220
The U.S. Energy Information Administration (EIA) reports that consumption of alternative fuels in the transportation sector stayed put in 2009, with use coming in at 431,107 thousand gasoline-equivalent gallons (yes, that's the metric used), compared to 430,329 thousand gasoline-equivalent ...

