Biobased and Renewable Products News: Biofuels

May 2, 2013
Refiners Continue Push To Repeal The RFS
Earlier this week, Charles Drevna, AFPM President, stated in an interview that the Renewable Fuel Standard (RFS) should be repealed. Last fall, the American Petroleum Institute announced that it had changed its position on the RFS from reform to repeal. As we have reported, these groups have taken action toward this end. Recently, they have met with EPA and White House staff about the blend wall and have suggested in news reports that they do not expect the Administration to modify the RFS to address blend wall ... read more >
April 26, 2013
Department Announces Support For Military Biofuels Projects
This week, DOE announced that it would provide up to $18 million to support four pilot-scale projects designed to produce drop-in biofuels that would meet military specifications for jet fuel and shipboard diesel, and could be for military or commercial use. Funding recipients are required to provide at least 50 percent in matching funds. Significantly, DOE stated publicly that this funding is not a part of the joint initiative among the Departments of Agriculture, Energy, and the Navy to help facilitate the development and commercialization of drop-in advanced biofuels for military and ... read more >
April 25, 2013
Anti-Dumping Measures Will Likely Affect U.S. Ethanol Imports
Europe is expected to increase its ethanol production after anti-dumping measures have been levied on ethanol imports from the U.S. This is also significant because it limits or reduces potential markets for U.S. ethanol at a time when the industry is looking for new opportunities in the face of the impending blend ... read more >
April 25, 2013
GranBio Acquires Stake Of American Process
Brazilian biofuel and renewable chemical company, GranBio, recently announced that it has made a 25 percent equity investment in U.S. cleantech process development company, American Process Inc. Under the agreement, GranBio will have access to a proprietary biomass pretreatment platform that makes it possible to develop cost-effectively cellulosic sugars as a feedstock for conversion to a variety of biochemicals and ... read more >
April 25, 2013
Renewable Energy Supporter Max Baucus To Retire From The U.S. Senate
Senate Finance Committee Chair Max Baucus (D-MT) has announced that he will not run for another term in the U.S. Senate in 2014. This announcement may present a challenge to the biofuels, renewable chemicals, and biobased products sectors, as Baucus has been a leading supporter of renewable energy ... read more >
April 25, 2013
Renewable Chemicals Eligible Under Reintroduced MLP Legislation
On April 24, 2013, Senator Chris Coons (D-DE) reintroduced the "Master Limited Partnership Parity Act," legislation that would give certain renewable energy companies the ability to organize themselves as master limited partnerships (MLP). Currently, only energy companies in traditional fossil fuel sectors may organize as MLPs. Renewable energy advocates support this MLP legislation as a potential tool to help raise much needed capital, as MLPs are taxed as partnerships, but establish ownership shares that can be traded like traditional stock on an exchange. This year's ... read more >
April 12, 2013
Department of Energy Developments
Senate Energy And Natural Resources Committee Hears From Energy Pick On April 9, 2013, the Senate Committee on Energy and Natural Resources, led by Senator Ron Wyden (D-OR), held a confirmation hearing on President Obama's nominee to lead the U.S. Department of Energy (DOE), Ernest Moniz. Moniz began his career in 1973 and since that time has alternated between positions as a professor at the Massachusetts Institute of Technology and at the U.S. Department of Energy. He faced tough questions on his stated support for an "all of the above" energy policy and natural gas. Moniz ... read more >
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