After defeating a compromise measure proposed by Sen. Max Baucus (D-MT) to extend the Bush tax cuts only for the middle class, the talk on Capitol Hill is now turning to a deal that would keep all of the tax cuts in exchange for extending unemployment benefits. Baucus had proposed a compromise amendment late Thursday that would have continued unemployment …
NASCAR Partnership With American Ethanol
NASCAR is in the middle of making an announcement of a “major long-term partnership with American Ethanol which is being led by Growth Energy. You can see a video that was just published below. I hope to have some audio from the announcement added after the official public announcement which is taking place in Las Vegas as of this posting. …
Senators Write Letter Supporting Ethanol Incentives
While a group of senators yesterday urged an end to ethanol incentives, another group sent a letter supporting an extension of the current tax credit and associated tariff. The letter, sent to Senate leadership and signed by Senators Charles Grassley (R-IA) and Kent Conrad (D-ND) with 13 others, asked that the ethanol incentives be “a high priority on the Senate’s …
Big Ethanol NASCAR Announcement Coming This Week
The famed fountains of the Bellagio in Las Vegas will be the site of a big announcement this Thursday afternoon by NASCAR and Growth Energy. The announcement will be made by NASCAR CEO Brian France and Hall of Fame Driver Rusty Wallace, along with Growth Energy Co-Chairman (Ret.) Gen. Wesley Clark during the NASCAR Champions Week in Las Vegas. Growth …
Guidance on Ethanol, Biodiesel in Underground Tanks
The U.S. Environmental Protection Agency is putting out a draft copy of its guidance for the storage of ethanol- and biodiesel-blended fuels in underground storage tanks (USTs). This article from Biodiesel Magazine says that while the agency seems to have a handle on gasoline with more than 10 percent ethanol, there’s a bit more gray area when it comes to …
Gore Ethanol Comments Generate Industry Response
A Reuters report out of Athens today on former Vice President Al Gore’s comments about corn ethanol has generated responses from the U.S. ethanol industry. According to the article, Gore said, “It is not a good policy to have these massive subsidies for (U.S.) first generation ethanol,” while speaking at a green energy business conference in Athens. He blamed his …
Will The Lame Duck Session Create Mad Ducks?
DomesticFuel reporter Chuck Zimmerman recently had the opportunity to sit down with Growth Energy CEO Tom Buis and get an update on the state of the industry. This week, the lame duck session kicked off and this is a very important session for the biofuels industry as they are facing the expiration of several important tax provisions. “We’re hoping the …
EPA Decision on E15 for Later Models Delayed
The Environmental Protection Agency says it will now be the end of the year before testing of 15 percent ethanol blended fuel in vehicles older than 2007 model year is complete. According to a very brief statement issued by the EPA, the Department of Energy has informed EPA that “lab testing of E15 in model year 2001-2006 vehicles will now …
California to Update Land Use for Ethanol
The California Air Resources Board yesterday agreed to update the land use change and other indirect effects of biofuels production under their Low Carbon Fuels Standard (LCFS). The board is asking for updates to the land use values for corn ethanol, sugarcane ethanol, and soy biodiesel, and other feedstocks by spring of 2011 to implement the LCFS, which currently penalizes …
Ethanol Industry Testifies at EPA E15 Hearing
Growth Energy CEO Tom Buis and organization founding member Dave Vander Griend of ICM were the first to testify at a public hearing today in Chicago on EPA’s proposed label for 15 percent ethanol fuel at the pump. Buis stressed that the country has gone through fuel changes before, such as the transition to unleaded, and he is confident the …