In Indiana, Lake County Solid Waste Management District’s board unanimously voted not to take an equity ownership stake in the proposed Powers Energy waste-to-ethanol plant which is expected to open in the district. The $254 million project had raised concerns amongst locals that the county would get saddled with debt liability if the project did […]
In Maryland, Baltimore city officials have begun tests on the long-term use of renewable biofuels in city boilers. The city’s spending panel recently approved a contract with New Generation Biofuels to begin burn tests at three city facilities. Two Baltimore elementary schools are also running tests. If the tests are successful, the biodiesel produced from […]
In Minnesota, the state Court of Appeals ruled that a $133 million ethanol plant near Eyota, proposed by MinnErgy, does not require a full environmental study, allowing the project to move forward as soon as financing is secured. However, opponents to the plant still believe it will have significant negative economic and environmental impacts and […]
In Brazil, despite Petrobras denying that it has bid $1.76 billion for a 40% stake in ETH Bioenergia, analysts are saying that if the company did buy in, it would be an overall good move. The Brazilian ethanol industry is likely to see heightened consolidation during 2011. More on the story.
In Nepal, Basanta Community Forest and Sri Krishna Community Forest have commenced planting jatropha, in partnership with Crystal Bio Energy Nepal. The groups, based in the Kanchanpur district, have planted 30,000 jatropha plants on 10,000 hectares, with a goal of making Nepal diesel-independent by 2020. The first harvests are, curiously, expected by the group within […]
SpenserVillwock: Stakeholders say national biofuels policy long overdue – The Citizen Daily kcurCST: Tune in to hear from @HarvestPM reporters on ethanol, including @JessNaudziunas @FrankNewsman What does ethanol mean for our farmers? raynchk: RT @BigPictureAg: The U.S. destroys 13 million bushels of corn a day to make ethanol. How’s that for a Great Recession corn […]
In Kentucky, a long-standing switchgrass trialing and research project from the Kentucky Forage and Grassland Council and University of Kentucky Plant and Soil Science Department is drawing to a close, but the East Kentucky Power Cooperative, which partnered in the project, is expected to continue burning switchgrass for power generation. EKPC officvials said that they […]
In Washington, Energy Secretary Steven Chu attempted to quell rumors of his imminent departure by granting an interview with Platts in which he declared his intention to stay on as DOE chief as long as President Obama wanted him. In recent weeks, the DOE press office has also been hard at work arranging for a […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, edged up 0.19 percent to 77.42 as ethanol and biodiesel stocks moved ahead. For the day, Archer Daniels Midland (ADM) fell 1.05 percent to $30.03, while Biofuels Enmergy (BIOF) jumped 10.97 percent to $1.72 on renewal of the ethanol tax credit. Among other equities, […]
In Washington, President Barack Obama today signed H.R. 4853, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. Last night, the US House of Representatives voted by a 277 to 148 margin to approve the Obama tax deal, which extends the ethanol tax credit through 2011, and retroactively extends the biodiesel tax incentive and […]
