In India, Tamil Nadu is working hard to protect its liquor industry that fills its coffers with tax revenue by ensuring that sugar mills are extremely limited in producing ethanol for transport. To achieve the mandated 5% ethanol blend, the state should have supplied 47 million liters but mills were only allowed to supply about […]
In Hawaii, despite a new state law that came into effect on Friday that eliminates the ethanol blending mandate due to the high cost of importing ethanol, Hawaii Independent Energy will still supply blended fuel in order to comply with the Renewable Fuel Standard. The refiner must blend or buy RINs and believes that blending […]
In Iowa, America’s Renewable Future (ARF) newest radio ad highlights Sen. Ted Cruz’s hypocritical position on oil subsidies support at the expense of the unsubsidized Renewable Fuel Standard (RFS). The ad has drawn a plea from the Cruz campaign to be taken down, but the campaign’s letter provides further example of Cruz’s efforts to deceive […]
In Brazil, the country’s 10-year energy plan was approved on Tuesday by the Ministry of Mines and Energy with an eye to producing 43.9 million cubic meters by 2024, up 54% from today’s 28.5 million cubic meters. The plan for 2014-2024 calls for investment of more than $360 billion during the period, with the country’s […]
In Iowa, some believe that voters in the all-important state for presidential elections no longer care about ethanol due to fewer working in the corn industry and more Republicans appreciative of an end to subsidies, especially for ethanol, as touted by candidate Senator Ted Cruz from Texas who is currently leading in the polls. Cruz […]
In India, the transportation minister has proposed to supply a million liters of biodiesel per day for use in power gensets to help reduce pollution while it has called on Chinese investors especially to team with local companies to produce electric vehicles. His ministry is teaming with the agriculture ministry to develop a policy that […]
In Washington, Kilpatrick Townsend & Stockton said that new tax incentives approved in end-of-year US tax legislation will “are about to drive a tremendous renewables transactions push for at least the next 5 years.” In a research note, the firm highlighted: Production Tax Credits — Extension for Qualifying Wind Facilities through 2019, and Extension for […]
In Washington, the Federal Register by the Regulatory Information Service Center has released a notice that says the Environmental Protection Agency will release its proposed rulemaking for the blending mandate for the 2017 by June 2016 with the final figures set for release in December 2017. At that time, the 2018 renewable volume obligations for […]
In Argentina, the national government increased retentions on biodiesel by mistake from 3.3 to 32 percent. Production authorities have assured producers that in the coming days there will be a rectifying measure. The withholding scheme is reducing this tax in the case of soybeans. Wheat, sunflower and maize, for example, were at zero percent. Latches […]
In the UK, almost a third of London’s bus fleet will soon be running on a greener blend of diesel, resulting in a huge reduction in CO2 emissions of 21,000 tonnes each year which comes on top of the 48,000 tonne CO2 reduction from 2013 levels as a result of the introduction of lower emitting […]
