Today’s implementation of the new Renewable Fuels Standard (RFS2) was the impetus behind getting one Midwest biodiesel open by July 1st. RenewableEnergyWorld.com reports the new owners of ME Bio Energy of Lilbourne, Missouri wanted to have the doors open of their 5 million-gallon-a-year refinery for today’s historic date: General Manager, Jerry McDowell, said the group has “been working night and …
Biodiesel RIN Prices Spike as RFS2 Starts
The price producers or importers of renewable fuel are having to pay for biodiesel RINs … Renewable Identification Numbers … have been going up as we approached today’s kickoff of the new Renewable Fuels Standard … better known as RFS2. The 38-numeral identifiers are the basic currency for the RFS program for credits, trading, and use by obligated parties and …
USB: Unfair Argentinian Subsidies on Biodiesel Feed
The American soybean industry is crying foul over Argentina’s practice of taxing its whole soybeans for export at a higher rate than it taxes its soybean meal, oil and biodiesel destined for foreign markets. And this article from Feedstuffs.com says the United Soybean Board (USB) believes that is costing the U.S. soybean industry up to $500 million each year: The …
Land Rover to Introduce Biodiesel Concept Vehicle
SUV maker Land Rover is set to formally introduce a vehicle that is purported to do pretty well on biodiesel. This post on The Car Connection blog says the unveiling of the LRX Concept will take place tomorrow for the 40th anniversary of the Range Rover: The LRX was previously expected to make its public debut at the Paris Motor …
Grassley: Funding Key to Bill with Biodiesel Measure
The bill that would renew the $1-a-gallon federal biodiesel tax incentive could pass right… if Democrats would just fund the entire bill. That’s according to a key Republican senator trying to renew the tax break. This article from the Minnesota Independent says U.S. Sen. Charles Grassley (R-Iowa) believes the jobs bill, which has an extension of unemployment benefits that is …
METRO Helps NY
Recently, I told you about how New York loves biodiesel, using the green fuel to run many of the city’s parks and recreation department vehicles and heat the agency’s buildings. One company that’s helping parks and rec keep their buildings warm with biodiesel is Brooklyn-based METRO Fuel Oil Corp. “Our initiative is to help New York become a cleaner, greener …
ASTM Voting on Biodiesel Standards at KC Meeting
Biodiesel could be divided into two different grades, if some backers of a new grading system at the ASTM meeting this week in Kansas City, Mo. Biodiesel Magazine reports there are several ballots up for a vote that would have biodiesel graded as No.1 and No.2, much like regular diesel … a proposal backed by the National Biodiesel Board’s technical …
Biodiesel Credit Fails to Pass Key Vote
Just in case you think that I’m just re-running the same story from all this past winter and spring, honestly, I’m not. But there’s trouble … again … for the $1-a-gallon federal biodiesel tax incentive. This article from ICIS.com says while the measure, tied to unemployment benefits, failed to garner enough votes by just three that would have ended debate …
Algae Producers to Help Fight Gulf Oil Spill
Got an urgent message from my friend Tamra Fakhoorian with the Mid-South Chapter of the National Algae Association looking for volunteers to help with a cleanup effort some members of the algae-producing community are sponsoring. She says they need 10,000 volunteers to help algae oil and biofuel producers Ultra Green International and Algaeventure Systems use their algae know-how to clean …
Biodiesel Has Place in USDA Biofuels Report
While the ethanol industry has been praising the USDA’s report entitled “Roadmap to Meeting the Biofuels Goals of the Renewable Fuels Standard by 2022,″ there’s plenty in there for biodiesel fans to like as well. The feds are optimistic that biodiesel will be able to carry its share of the overall 36 billion gallons of biofuels goal: The U.S biofuels …