A bill has been introduced in the Senate to extend tax incentives for ethanol set to expire at the end of this year. Senators Charles Grassley (R-IA) and Kent Conrad (D-ND) introduced the bipartisan GREEN Jobs Act of 2010 that extends through 2015 the Volumetric Ethanol Excise Tax Credit (VEETC), the offsetting tariff on foreign ethanol, the Small Producers Tax …
POET Ethanol Plants Get Safety Awards
Five POET ethanol plants have been recognized for chemical transportation safety, receiving the Union Pacific Railroad’s 14th annual Pinnacle Award. The award is given to companies that have no non-accident releases during the year and have successful prevention and corrective plans in place. “This is Union Pacific’s opportunity to acknowledge and thank our customers for their continuing efforts to eliminate …
Dyadic Resolves Lawsuit
Biotech firm Dyadic International announced today an agreement to resolve a class action lawsuit initially filed in October 2007. The litigation, Miller v. Dyadic International, Inc. et al, pending in the United States District Court for the Southern District of Florida, asserted class action claims under federal securities laws based on allegations of misstatements and omissions by Dyadic and certain …
Ethanol Report on Scaling the Blend Wall
In this edition of “The Ethanol Report,” Renewable Fuels Association (RFA) Director of Market Development Robert White talks about what RFA is doing to help ethanol scale the rapidly approaching blend wall. He discusses the BYO Ethanol program to get blender pumps installed, encouraging EPA to grant a waiver to allow up to 15 percent ethanol in regular gasoline, and …
USDA Invites Public Comment on Renewable Energy Programs
Agriculture Secretary Tom Vilsack is inviting public comment on several proposed rules designed to increase the production of advanced biofuels and the development of biorefineries that were authorized under the 2008 Farm Bill. “We view these proposed rules as part of the strategy to help meet President Obama’s goal to accelerate the commercial production of advanced biofuels and create a …
Pickens Encourages Investment in American Energy
“When do we stop investing in OPEC and start investing in America?” That’s the question that oil tycoon T. Boone Pickens asked at a House Ways and Means committee hearing Wednesday on “Energy Tax Incentives Driving the Green Job Economy.” Pickens told the panel that he’s for “anything that’s American” when it comes to energy -including wind, coal, solar, hydro, …
Ethanol Report on Prices
Prices for ethanol are down right now compared to gasoline, which means drivers are saving money at the pump when they fill up with ethanol blends. But we could be saving even more if blenders could add up to 15 percent ethanol in regular gasoline. In this edition of “The Ethanol Report,” Renewable Fuels Association Vice President for Research Geoff …
Higher Ethanol Blends Could Mean Savings at the Pump
According to the Renewable Fuels Association, American drivers could be saving 12-19 cents per gallon if more ethanol were allowed in gasoline. Based on current wholesale prices, ethanol is selling for $0.70-$0.80 less than gasoline before the federal tax incentive for blenders is taken into account. This means gasoline blended with the statutory limit of 10% ethanol (E10) should cost …
Grilling with Ethanol
Grilling enthusiasts will find a new product that uses ethanol as an alternative to charcoal or propane on the shelves of many grocery and hardware stores this summer. The FlameDisk® actually utilizes proprietary solidified ethanol and is the first ethanol product to be used exclusively for outdoor grilling, according to manufacturer Sologear, the Wisconsin-based company that invented the product. They …
Ethanol Ads Debut in California
A battleground for corn ethanol was one of ten locations where Growth Energy held viewing parties Monday to debut a new national television campaign. The Growth Energy “ad watch party” event was held in California’s state capitol of Sacramento to unveil the six new commercials that will be airing over the next six months as part of a $2.5 million …