In Washington, the Biotechnology Industry Organization thanked Gov. Mitt Romney for his stated intention to “support increased market penetration and competition among energy sources by maintaining the RFS” in “The Romney Plan For A Stronger Middle Class: ENERGY INDEPENDENCE,” released last week. BIO President and CEO Jim Greenwood said, “The Renewable Fuel Standard is the […]
In Washington, the lengthy Romney-Ryan energy plan was published yesterday. For biofuels supporters, one phrase stood above all others. “The RFS must be maintained.” In Washington, in response to Governor Romney’s support of the Renewable Fuel Standard and market access for alternative fuels in his energy plan released today, Renewable Fuels Association President and CEO […]
In Georgia and New Mexico, governors of both states have joined the call for the EPA to suspend the ethanol blend mandated by the RFS2. Georgia is the country’s top poultry producers while New Mexico is a big cattle producer, and both states claim that the RFS will lead to higher livestock feed prices that […]
In Washington, the EPA will open a 30-day comment period to seek public opinion on the proposed waiver to the RFS put forward last week by the governors of North Carolina and Arkansas. The comment period will open when the request is published in the national register. The EPA has until Nov. 13 to make […]
In Brazil, the government is again toying with the idea of raising the ethanol blending level in gasoline at the end of the year after it finishes analyzing existing supplies. Higher ethanol use means better returns for Petrobras who loses money selling imported gasoline.
In Washington, the courts approved a partial waiver for E15 ethanol fuel, adding an E15 option alongside E10 and higher blends and giving the consumer more choice at the pump. Currently, the E10 market has been saturated and so introducing higher blends increases market access for the evolving alternative fuels industry. Scott Faber, VP of […]
In South Dakota, POET CEO Jeff Lautt called on the EPA to resist requests to waive the US Renewable Fuel Standard. “A Renewable Fuel Standard waiver would accomplish little in terms of near-term drought relief but have significant long-term effects on agriculture markets and those very farmers who are facing challenges today. There is flexibility […]
In Washington, the EPA expects to make proposals to tackle RIN fraud before year’s end. Proposals will include setting up guidelines to help root out phony RIN producers as well as “affirmative defense” for oil producers to protect them in the case of accidentally buying false RINs.
In India, the Karnataka state government may slash VAT rates on biodiesel to just 5% from the current 14% in a push to promote uptake of the fuel by consumers. The proposal has been put forward by the Karnataka State Biofuel Development Board and the state’s chief minister has agreed to consider it.
In India, following rises in sugar prices, the Cabinet Committee on Economic Affairs is set to meet this week to finally make a decision on the pricing mechanism for ethanol with expectations that the policy will follow recommendations from the Saumitra Chaudhuri Committee of 41 cents to 56 cents per liter. The Indian Sugar Mills […]
