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Jul 3, 2010

BIOFUELS * USA - USDA Reports on State of Biofuels Capacity

EPA evaluating if blend up to 15% ethanol justifiable based on latest science, effects on engines and air quality

Washington,DC,USA -Green Car Advisor - June 25, 2010: -- U.S. Agriculture Dept released report on current state of achieving 36B gallons of renewable biofuels. U.S. will soon have installed capacity to produce up to 15B gallons corn ethanol allowed by regulation... May be intolerable level w/ biofuel water demands, environmental devastation caused by fertilizer corn ethanol requires, other reasons. But country already well on way to meeting 36B gallon goal even if w/ environmentally-unfriendly corn ethanol... U.S. vehicle fleet today currently unable to accept ethanol blends higher than 10%. Due to regulatory cap imposed on ethanol blending... Report notes number of potential barriers and bottlenecks in current ethanol use supply chain... Report states U.S. biofuels industry on track to produce 1B gallons of biodiesel by 2022. Prospects look good to meet 15B gallons corn ethanol and 1B gallons biodiesel as mandated by Energy Act. Challenge is other 20B gallons of annual renewable fuels - cellulosic ethanol, other advanced biofuels... (Photo from edmunds: Biofuel plant in Iowa)


* USA - Biodiesel tax credit extension fails to clear U.S. Senate


Washington,DC,USA -Land Line Magazine -July 2, 2010:
-- The future of the tax credit for biodiesel production appears uncertain now that the U.S. Senate has rejected a jobs bill that included extending the $1-a-gallon tax credit for biodiesel... Backers of the tax break say their next best shot will come in July when they plan to include the extension in an energy bill... The head of the National Biodiesel Board claims the biodiesel industry will “suffocate” without the tax credit...

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