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ALTERNATIVE FUELS * USA - Governors Call on EPA to Allow for Ethanol Blend Increase Soon
Washington,DC,USA -AutoblogGreen/Automotive Digest - December 5, 2009: -- Current debate over raising amount of biofuel in national gasoline supply. Debate is whether to raise from a maximum of 10% to 15%... EPA recently decided Dec 1st deadline to make decision not firm and pushed decision back to June. Automakers Alliance said it was good idea to allow for more testing... Governors' Biofuels Coalition released statement. Expects EPA to allow blend increase and for decision to come quickly... Since 2005 GBC has been calling for higher blends, all the way to E20. Number unlikely w/ problems being discovered using E15 on vehicles not designed w/ that fuel in mind... GBC also favors blend pumps allowing customer to select precise amount of biofuels at time of purchase...* USA - Waste Management Fleets Turning to Natural Gas Trucks
NJ,USA -Environmental Leader/Automotive Digest -December 1, 2009: -- Waste management operators in FL, NJ, ID, and CA have opened CNG fuel stations. Supporting deployment of their CNG trash collection truck fleets... Cities of N Little Rock, AR, and Ogden, UT, also switching to CNG garbage trucks to cut fuel costs, emissions... Cuts greenhouse gas emissions by 23% compared to diesel-powered models, says Clean Energy Fuels Corp.... Central Jersey Waste and Recycling 1st NJ refuse company to convert portion of its truck fleet to natural gas... Allied Waste Services providing 1st CNG fuel station w/ public access in ID; will open in early 2010... Ogden expects CNG trucks will save about $89K annually at current fuel prices. Reduce vehicle emissions and particulate matter... (Picture from newsbusters.org)
* USA - Valero seals biofuel deal with Australia’s Mission
Houston,TX,USA -The Financial Times (UK), by Sheila McNulty -December 11 2009: -- Valero Energy, the US’s biggest independent refiner, has signed a five-year deal, worth up to $3.5bn, to buy biodiesel from Mission NewEnergy, an Australia-listed biodiesel refiner... The agreement also gives Valero the right to buy up to 25 per cent of Mission at A$0.45 per common share, representing a 61 per cent premium to the current 30-day price. Mission’s share price closed at A$0.33 on December 8, 2009... The biodiesel sector has been among the big victims of the credit crisis, with companies unwilling to lend to or buy into a new and unproven fuel given the uncertainty of returns. That Valero is making this investment could signal renewed interest in this segment... In the second quarter of 2010, Mission is to begin supplying Valero up to 200,000 tonnes (60m gallons) of biodiesel per year. Valero can double that amount to 400,000 tonnes per year and extend the term by an additional five years...
* Natural Gas Makes Sense For Trucking Industry
San Francisco, CA ,USA -TruckingInfo -14 Dec 2009: -- While passenger cars may be well-suited to hybrid and electric technology, natural gas makes more sense for the trucking industry, and would be taking off among fleets, were it not for the economy, according to David Woodburn, a sell-side research analyst for ThinkEquity... As part of its Oil & Gas Production and Distribution Report, the Wall Street Transcript conducted several interviews with industry executives, including Woodburn, who was drilled on the topic of natural gas... Woodburn doesn't believe hybrid and electric vehicles will catch on with fleets because of the weight of the battery, which can reduce the carrying capacity by 10 or 20 percent, he said... He points to a number of incentives in place to encourage adoption of natural gas, including an excise tax credit for the fuel itself of 50 cents a gallon equivalent. Federal tax credits are also available to fund the purchase of natural gas or alternative fuel vehicles. Woodburn also discusses the NAT GAS legislation, which was introduced in the House in April and in the Senate in the summer. This legislation, he said, would extend these tax credits and boost these incentives... (Photo: Woodburn says natural gas-powered vehicles, such as this one, make sense for the trucking industry. This Kenworth is equipped with the Westport LNG Fuel System)Labels: biofuels
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