In Washington, Agriculture Secretary Tom Vilsack told Growth Energy that there was no need for Congress to interfere on the Renewable Fuels Standard and that the Obama administration stands behind the policy. He said that EPA’s willingness to revise down 2014 blending mandates has taken some of the wind out of Congress sails in the […]
In California, the Imperial County Board of Supervisors were set to vote Tuesday on California Ethanol and Power Project’s proposal to produce ethanol, co-generation and methane from sugarcane. The project would need to grow sugarcane on between 50,000 to 70,000 acres. County officials say the local community is likely to support the project because it […]
In the UK, the Renewable Energy Association is calling on MEPs to support the UK and European biofuels industry by voting against a cap on the use of agricultural biofuels. The vote in the European Parliament is set to take place this Wednesday. The Commission’s proposals to address ‘indirect land use change’ (ILUC) would put […]
In Washington, the White House is reviewing the EPA biofuel use targets for 2014 after receiving the proposal the week before last. Next year’s targets are due to be proposed this month, to be finalized by December, but are threatened if the decision on the 2014 numbers takes longer than anticipated. The 2013 requirements were […]
In France, members of European Parliament is split ahead of the vote on indirect Land Use Change on Wednesday in Strasbourg. Two proposals are on the table, one brought by the Industry and Energy committee, ITRE, and the other by the Environmental Committee, ENVI. The ENVI proposal sought to cap first generation biofuels at 5%, […]
In Thailand, as the baht falls, the government has adjusted biodiesel prices higher for the fifth time in a month, this time to 90 cents per liter. Higher methanol prices are having a negative impact on biodiesel margins as well. On the other hand, the price has fallen to 83 cents per liter thanks to […]
In India, an E10 blending policy would remove up to 1.5 million metric tons of sugar from the market, leading to higher prices. The blend will also reduce foreign exchange expenditures by $1.3 billion. Gasoline imports are at 81 cents per liter, which is the market price that sugar mills are attempting to get from […]
In Washington, the Renewable Fuels Association has sent a letter to the EPA, urging Administrator Gina McCarthy to reject the partial waiver petition submitted by the American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) for the 2014 RFS. In a series of moves that are becoming familiar, the letter states that the […]
In Washington, House Majority Leader Eric Cantor has confirmed that he would look to add reform of the Renewable Fuel Standard onto a debt ceiling package if the House Energy and Commerce Committee comes to an agreement. OPIS confirmed the plan was announced to an oil industry fly-in held in late July with representatives from […]
In Indonesia, reducing fuel imports and compensating with increased biodiesel use is one of four immediate steps the government has announced to stop the devaluation of its currency. The country’s current account deficit grew to 4.4% of its GDP during the second quarter, up from 2.2% in the first quarter. Already biodiesel prices in the […]
