Struggling ethanol producers won an important decision by the Internal Revenue Service this week that allows them to retain the current five year depreciation for assets. Following over a year of intense work by the Renewable Fuels Association with the IRS, the agency has issued a Notice of Proposed Revenue Ruling clarifying that it will not seek to impose a …
$300 Mil in Stimulus Bucks Stimulates Alternative Fuels
Nearly $300 million in American Recovery and Reinvestment Act… aka the “Stimulus Bill”… funds are being handed out by the U.S. Department of Energy to replace or change more than 9,000 vehicles so they will burn alternative fuels and/or make them more fuel efficient, as well as establish nearly 550 alternative refueling stations across the U.S.. Energy Secretary Steven Chu …
Ethanol Co-Product Could Make Fertilizer
The leftovers from an ethanol co-product could be used as a fertilizer, according to research being done at South Dakota State University. When the ethanol by-product known as dried distillers grains with solubles (DDGS) is heated at high temperatures under limited oxygen to make synthesis gas, or syngas, the remains are a fine, dust-like ash. SDSU Soil Testing Laboratory manager …
More Green Collar Jobs for Iowa
Iowa Governor Chet Culver is taking action to create more green jobs in Iowa. Culver signed an executive order last week which creates the Iowa Green Jobs Task Force. “In recent years, thanks to our efforts in biofuels and wind energy, we have created thousands of green-collar jobs for Iowans,” said Governor Culver. “However, if we are to expand these …
Green Fuels from Grass and Leaves
A newly proposed collaboration between the U.S. Department of Energy’s Argonne National Laboratory and the City of Naperville, Illinois would convert “landscape waste”—essentially, grass and leaf trimmings—into one of several different environmentally friendly fuels, including ethanol, bioelectricity and hydrogen. This new partnership, known as the “Green Fuels Depot,” provides “a golden opportunity for Argonne to be associated with one of …
DF Cast: ACE Explores Indirect Land Use Issue
The recent American Coalition for Ethanol’s 22nd Ethanol Conference & Trade Show in Milwaukee saw an exploration of an issue that remains a hot issue in the biofuels biz: Indirect Land Use. The concept that the growth of some biofuels feedstocks in the United States, especially corn and soybeans, could cause the cutting down of the rain forests in other …
Mascoma Team Moves Toward Cellulosic Ethanol Commercialization
As the company moves closer to the commercial development phase for cellulosic ethanol, Mascoma Corporation is making some management “reconfigurations.” Bruce Jamerson will transition from his role as Mascoma’s CEO to the position of Chairman of Mascoma and of Frontier Renewable Resources, Mascoma’s Michigan-based operating subsidiary. The company is in the process of recruiting a new CEO with experience in …