A letter has been submitted to the House Ways and Means and Senate Finance Committees and signed by more than 60 advanced biofuel companies and four trade associations encouraging Congress to extend tax provisions set to expire at the end of December 2013. The Advanced Ethanol Council, Advanced Biofuel Association, Algae Biomass Organization and Biotechnology Industry Organization delivered the letter …
U.S. Breaks Commitment to Biofuels Industry
Staurt Lamb, president and CEO of Stuart, Florida-based Viesel Fuel LLC, embarked on the journey to revolutionize the way biodiesel is made about one-and-a-half years ago. The company is focused on “junk oils and greases” as its feedstock. Using a process of enzymes and resins, Lamb believes they can produce biodiesel cheaper than anyone in the country and also believes …
Reaction to RFS Strong at EPA Hearing
The Environmental Protection Agency (EPA hearing yesterday drew more than a hundred people from across the country that spoke on behalf of the Renewable Fuel Standard (RFS). There is alarm among the biofuels and agricultural industry with EPA’s proposed RFS rule to lower the renewable fuel volumes in 2014 from 2013. These volumes are even lower when compared to the …
What Does Wall Street Think of the RFS?
So what does Wall Street think of the EPA’s 2014 proposed rule for the Renewable Fuel Standard (RFS). This question was asked during a media call hosted by the Advanced Biofuels Association (ABFA) in anticipation for the EPA public hearing on December 5th regarding their proposed rule. And the answer was given by Pavel Molchanov, SVP and Equity Research Analyst, …
UNICA Weighs In On EPA’s 2014 Proposed Rules
UNICA will be weighing in today during the Environmental Protection Agency’s (EPA) public hearing on their 2014 proposed rules for the Renewable Fuel Standard (RFS). Leticia Phillips, the North American representative for the Brazilian Sugarcane Industry Association (UNICA), notes that the organization believes the proposed renewable fuels volumes “pulls the rug from underneath the advanced biofuels industry.” Phillips says UNICA …
Advanced Biofuels Industry is Here to Stay
During a press call today, Advanced Biofuels Association (ABFA) President Micheal McAdams said the EPA’s proposal would be a devastating blow to the many companies working today to fulfill the promise of the Renewable Fuel Standard (RFS) by raising capital, building manufacturing facilities and actually producing advanced biofuels that cut greenhouse gases in half compared to gasoline. In their proposed …
Big Turnout Expected for EPA RFS Hearing
A huge turnout is expected Thursday at a public hearing on the Environmental Protection Agency’s proposed Renewable Fuel Standard volume obligations for 2014. Literally busloads of stakeholders, both opposed to and in favor of cutting the requirements, are attending the hearing at the Hyatt in Crystal City, Virginia. Iowa Governor Terry Branstad will be attending with several Iowa livestock producers, …
EPA RFS Proposal: A Slap in the Face of Vets
Darrell Rakestraw joined the military in 1982. A local boy who grew up on a centennial farm near Annawan, Illinois, he served his country in the army for nearly 20 years before retiring and moving back home with his family. During the time he was stationed in Germany, he came home on leave and heard everyone talking about how America …
EPA Opens Comment Period for RFS
The Environmental Protection Agency (EPA) has officially published the proposed 2014 renewable fuel standard in the Federal Register that starts a 60-day public comment period that runs until January 28, 2014. EPA’s proposal significantly lowers the levels of ethanol and biodiesel that must be blended in the nation’s fuel supply. “It is unfortunate that the Obama administration has caved in …
Abengoa Announces Sustainable Business Prize
International renewable energy company Abengoa has launched the second edition of the Focus-Abengoa Sustainable Business Prize that seeks to recognize suppliers that have demonstrated their commitment and made a contribution to sustainable development. The company presents this award to highlight outstanding actions by its suppliers. It is open to all companies that have been suppliers to Abengoa, or any of …