A coalition of biofuel and agriculture groups have petitioned the Environmental Protection Agency (EPA) to change its regulations to “account for lost volumes of renewable fuel resulting from the unprecedented number of retroactive small refinery exemptions from Renewable Fuel Standard (RFS) obligations recently granted by EPA.” The petitioners are the Renewable Fuels Association (RFA), American Coalition for Ethanol (ACE), Growth …
Broin Honored by BIO
The Biotechnology Innovation Organization (BIO) this week honored POET founder Jeff Broin will receive the 10th annual George Washington Carver Award for Innovation in Industrial Biotechnology. The award was presented Monday during the 2017 BIO World Congress on Industrial Biotechnology. Brent Erickson, executive vice president of BIO’s Industrial & Environmental Section, added, “Jeff Broin is one of the great innovators …
POET Founder to Receive BIO Award
POET founder, chairman and CEO Jeff Broin will receive the 10th annual George Washington Carver Award for Innovation in Industrial Biotechnology at the 2017 BIO World Congress on Industrial Biotechnology July 23-26, 2017 at the Palais des congrès de Montréal in Montréal, Québec, Canada. “Jeff Broin is one of the great innovators and entrepreneurs in the industrial biotechnology sector,” said …
Advanced #Biofuels Industry Supports Increased RVOs
The advanced biofuels industry has come out in support of the EPA’s increased Renewable Volume Obligations (RVOs) as part of the 2017 Renewable Fuel Standard (RFS). The Cellulosic Biofuel category will increase from 230 million gallons in 2016 to 311 million gallons in 2017. Renewable fuels in this category must reduce lifecycle greenhouse gas emissions by at least 60 percent …
Congress Urged to Extend Biofuel Tax Incentives
It’s time once again for the annual push to Congress to extend tax incentives before the end of the year, a plea which is usually ignored. Renewable energy organizations sent letters to Congressional leadership this week calling for a multi-year extension of the Second Generation Biofuel Producer Tax Credit, the Special Depreciation Allowance for Second Generation Biofuel Plant Property, the …
BIO Releases RIN White Paper
A new white paper finds evidence to challenge the assumption that the ethanol blend wall caused the 2013 spike in Renewable Identification Number (RIN) spot market prices. “The Myth of High RIN Prices as Proof of the Blend Wall,” was released by the Biotechnology Innovation Organization (BIO) and analyses EPA data on compliance of the Renewable Fuel Standard between 2010-2013. …
#Biofuels Industry Calls for Stronger Energy Policy
The biofuels industry came out in force in support of renewable fuels as the comment period came to a close for the proposed renewable fuel volumes obligations (RVO) for 2017 as part of the Renewable Fuel Standard (RFS), an energy policy passed in 2007. The consensus of the biofuels industry is that all categories of renewable fuels must be increased …
.@BIO says @EPA Sending the Wrong Signal
@EPA is sending the wrong signal for advanced biofuels according to the Biotechnology Innovation Organization (BIO). The #biotech organization has released a new analysis that finds investment patterns clearly demonstrate the EPA is sending a sustained market signal that disincentivizes advanced biofuels, causing a $22.4 billion shortfall in necessary investment. “EPA recognizes that its delays in rulemaking [under the Renewable …
Groups Ask for Advanced Biofuel Tax Extension
As the advanced biofuel tax credits get closer to expiring, six biofuel trade associations have called on federal legislators to pass a multi-year extension of the credits. In 2015, through the Protecting Americans from Tax Hikes Act of 2015, several programs were extended including: the Second Generation Biofuel Producer Tax Credit; the Special Depreciation Allowance for Second Generation Biofuel Plant …
NexSteppe CEO Anna Rath Wins BIO Award
This year’s 2016 BIO Rosalind Franklin Award is being given to Anna Rath, CEO of NexSteppe. The award is given to an outstanding woman in the field of industrial biotechnology. According to the Biotechnology Innovation Organization (BIO), who presents the honor, Rath’s work led to a biotech breakthrough. Her research is focused on developing scalable and sustainable bioenergy feedstocks. The …