One hundred million dollars has been donated to Stanford University for a new energy institute to find environmentally friendly energy sources. This article from Reuters says half of the money is coming from an oil executive… interesting, since the intent of the institute is to make renewable energy cheaper than petroleum: The new Precourt Institute for Energy is named after …
Obama, Congress Considering Alt Energy in Stimulus Bill
As leaders in Congress and President-elect Barack Obama look at another possible economic stimulus package, renewable energy sources, such as biodiesel, ethanol, solar and wind, look to get $25 billion in tax credits from the plan. This story from the Washington Post says the credits could come in either a single bill or a series of legislative moves: The main …
Biodiesel, Ethanol to Ship Out of Milwaukee Port
A New York City-based biodiesel maker Innovation Fuels has bought a 310,000-barrel terminal at the Port of Milwaukee, Wisconsin. This story from the Business Journal of Milwaukee says the facility will help move biodiesel and ethanol out of the region: The terminal includes a 20,000-square-foot warehouse, executive offices and a garage. The site features existing truck and rail loading infrastructure …
Biofuels Focus at Farm Bureau Meeting
Biofuels have been a major topic of discussion at the American Farm Bureau Federation 90th annual meeting in San Antonio this week. A conference titled “The Growing Role of Biofuels for Today, Tomorrow and Beyond,” featured Brooke Coleman, executive director of the New Fuels Alliance and spokesperson for FoodPriceTruth. “Agriculture is the key to the new energy economy,” Coleman said. …
Economist Says Biofuels Demand Will Drive Crop Prices
An agricultural economist speaking to members of the nation’s largest general farm organization meeting in San Antonio this weekend said crop prices this year will be driven by demand for biofuels. Jim Sullivan of Informa Economics in Washington, D.C. told a crop outlook seminar at the American Farm Bureau Federation 90th annual meeting that the global recession will mean weakening …
Obama Economic Speech Highlights Alt Energy Plans
This week’s major economic speech from President-elect Barack Obama pointed out how ethanol and biodiesel, as well as other alternatives to conventional energy sources, will be key to the nation’s economic recovery. This article from the New York Times says the plan also pushes energy efficiency: “To finally spark the creation of a clean energy economy, we will double the …
Biodiesel Board Sure Industry Will Meet RFS
In an effort to quell skepticism over the renewable energy industry’s chances to meet the 10.5-billion Renewable Fuels Standard in 2009, the National Biodiesel Board has reaffirmed its industry’s ability to hold up its end of the deal… and then some. The NBB released a statement saying not only will biodiesel meet its goal, but it will make up any …
Continental Joins Biodiesel Flight Club
Less than two weeks after Air New Zealand took to the air in a flight powered by jatropha-based biodiesel, American carrier Continental Airlines has used a combination of the the weed and algae to fuel one of its 737s. This story from the Los Angeles Times has details: The two-hour test flight over Houston, where the carrier’s headquarters is located, …
Biodiesel, Ethanol Friend Leaving Senate
U.S. Sen. Christopher “Kit” Bond, a longtime friend of renewable and clean energy efforts, has announced he will not seek re-election in 2010. During his nearly 40 years of elected service as Missouri’s State Auditor, the state’s youngest governor and a U.S. Senator (which he served an amazing four, six-year terms), Bond has been a great advocate for green fuels. …
Biodiesel Board Gets New Spokesperson
The National Biodiesel Board is welcoming a new face to its great communications team. This NBB press release announces the addition of Jessica Robinson, a veteran communicator, as the group’s Senior Communications Specialist: Robinson has been involved in the communications industry for more than a decade, most recently serving as Press Secretary for Missouri Governor Matt Blunt when the state …