Biodiesel producers in Missouri might be feeling like they’re the victims of insult added to injury. Not only have they lost the federal $1-a-gallon federal tax credit, but now, the St. Joseph News-Press reports they are the latest victims of state budget cuts: Gov. Jay Nixon proposed reducing $4 million, or 16 percent, of the state subsidies for biodiesel plants …
Biodiesel to Fuel Amtrak’s Heartland Flyer
America’s passenger train line is now running on America’s fuel – biodiesel. The Ft. Worth Star-Telegram reports Amtrak’s Heartland Flyer that runs in Oklahoma and Texas is now being fueled with a 20 percent biodiesel blend made from beef fat: “I don’t smell any french fries yet,” Amtrak assistant superintendent Joy Smith quipped as the Heartland Flyer arrived from Oklahoma …
Biodiesel Board Cites Earth Day in Renewal Call
This past week marked the 40th anniversary of the original green event, Earth Day. And the National Biodiesel Board used the occasion to call for an important tax break for the original advanced biofuel – biodiesel. This NBB press release says renewal of the $1-a-gallon federal tax incentive is imperative for the economic health of the country and the ecological …
Biodiesel Part of NBC’s Green Week
This coming Thursday marks the 40th anniversary of Earth Day, and media giant NBC Universal is taking the whole week to mark the occasion. Part of this sixth green-themed Earth Week by the network includes biodiesel as part of the effort. This NBC press release has details: “NBC Universal’s green-themed weeks continue to drive consumer awareness around the environment,” said …
House Leader: Biodiesel Incentive Back by Summer
A key Democrat in the U.S. House of Representatives has set a goal of Congress renewing the $1-a-gallon federal biodiesel tax incentive and sending the measure to Pres. Obama by the end of May. The Des Moines (IA) Register reports that House Ways and Means Committee Chairman Michigan Democrat Sander Levin made the prediction: The House and Senate have been …
REG Buys Nova Biosource’s Biodiesel Assets
Iowa-based biodiesel maker Renewable Energy Group has bought up the biodiesel assets of Nova Biosource Fuels of Seneca, Illinois. This Security and Exchange Commission filing says REG will also assume Nova’s debts of about $36.25 million. Pursuant to the Seneca Asset Purchase Agreement, the Seneca Purchaser agreed to acquire substantially all of the Seneca Sellers’ assets, excluding certain specified assets, …
Biodiesel Board Renews Call for Incentive Renewal
The National Biodiesel Board has renewed its efforts to get Congress to renew the $1-a-gallon federal biodiesel tax incentive that expired at the end of 2009. In this latest move, the NBB has sent a letter to Congressional Leadership urging Congress to take immediate action to retroactively reinstate the incentive and was joined by the Petroleum Marketers Association of America; …
Iowa Biodiesel Backer Awards Applications Open
Another round of Biodiesel Backer Awards will be handed out by the Iowa Renewable Fuels Association to four K-12 Iowa schools at the 47th Annual School Transportation Conference and Trade Show in Des Moines on July 20. The $2,500 grants will go to Iowa schools that promote biodiesel: “Fueling school buses with clean, renewable biodiesel is a key component of …
Iowa Airs “Commercial” Success of Biodiesel
The organizations in Iowa that promote biodiesel are taking to the airwaves to promote the green fuel in the Hawkeye State. The Iowa Biodiesel Board, Iowa Soybean Association and Iowa Renewable Fuels Association are bringing some public service announcements to TV stations in Iowa to increase the awareness of the many benefits that biodiesel brings to Iowans: The 30 second …
Corn Oil from Ethanol Plant to Feed Biodiesel Refinery
Mansfield Oil Company has acquired East Fork Biodiesel of Algona, Iowa … a 60-million-gallon-a-year refinery that will get its feedstock of corn oil from Mansdfield’s network of C&N Companies ethanol plants in the Midwest. This company press release says this will give East Fork a cheap source of biodiesel feedstock while providing a market for those ethanol plants’ corn oil: …