Boat racers were able to show the power of ethanol recently. This news release from the Renewable Fuels Association says the group, along with East Kansas Agri-Energy and the Kansas Corn Commission, sponsored the National Boat Racing Association’s (NBRA) annual Garnett Ethanol Hydroplane Shootout in Garnett, Kansas, running on Lake Garnett with ethanol-powered hydroplanes. The Shootout is a popular family …
NFU to Obama Admin – Comply with RFS
The National Farmers Union (NFU) is calling on the Obama Administration to comply with the Renewable Fuel Standard volume obligations as set forth by the Energy Independence and Security Act (EISA) statutory levels. President Roger Johnson sent a letter to the Environmental Protection Agency (EPA) writing, “The volume standards issued in EPA’s proposed rule for RFS target levels are unacceptable …
Senate Committee Advances Tax Credits Extension
The Senate Finance Committee Tuesday approved a two-year extension of various tax credits that expired at the end of 2014, including those for biodiesel, cellulosic ethanol, and wind energy. The bill contains a two-year extension of the Second Generation Biofuel Producer Tax Credit, the Special Depreciation Allowance for Second Generation Biofuel Plant Property, and the Alternative Fuel Mixture Excise Tax …
Corn Growers: Build it and They Will Come
The National Corn Growers Association (NCGA) has announced an additional $500,000 investment in Prime the Pump, a program that is expanding midlevel ethanol fueling infrastructure. The latest funds brings NCGA’s annual commitment in the program to $2 million. The organizations overseeing the Prime the Pump program will use the monies as matching funds to secure grants under the U.S. Department …
Renewable Tax Credits Before Committee
A Senate committee will consider a package of tax credits for wind, biodiesel and cellulosic ethanol. Sen. Chuck Grassley of Iowa included the tax incentives in the bipartisan tax extenders bill the Finance Committee will consider today. “Certainty and predictability in tax policy are both important for retaining and creating jobs,” Grassley said. “The Finance Committee leaders deserve credit for …
Mycogen Supports Ethanol at Brickyard 400
Mycogen Seeds and Richard Childress Racing (RCR) have unveiled a new paint scheme for the No. 3 Mycogen Seeds Chevrolet SS, which Austin Dillon will drive at the Brickyard 400 NASCAR Sprint Cup Series race on July 26. “Mycogen Seeds is proud to partner with RCR to support the legacy of the No. 3 car,” says Damon Palmer, U.S. Seeds …
Hope for Renewable Energy Tax Credits
The Senate Finance Committee is set to vote Tuesday on a two-year extension of tax benefits, including the production tax credit for wind power, and credits for biodiesel and cellulosic biofuels production. “This markup will give the Committee a timely opportunity to act on extending a number of expired provisions in the tax code that help families, individuals and small …
EPA Chief Defends RFS Proposal to Corn Growers
Speaking to members of the National Corn Growers Association (NCGA) meeting in Washington DC this week, Environmental Protection Agency Administrator Gina McCarthy defended her agency’s proposed volume obligations under the Renewable Fuel Standard (RFS) while at the same time thanking farmers for their strong voice on the issue. “I know RFS matters deeply to corn growers,” said McCarthy. “You know …
DuPont Signs Cellulosic Ethanol Deal with Chinese Co.
DuPont and Chinese company New Tianlong Industry Co. (NTL) have signed an historic deal that will bring cellulosic ethanol to China. This DuPont news release says the agreement allows NTL to license DuPont’s cellulosic ethanol technology and use DuPont Accellerase enzymes to produce renewable biofuel from the leftover biomass on Jilin Province’s highly productive corn farms. Combining NTL’s ethanol production …
Canadians Support Renewable Fuels
Canadians believe in renewable fuels. A recent survey finds 88 percent of Canadians believe more renewable fuels should be produced in Canada and that government should do more to promote the industry. The poll was was commissioned by the Canadian Renewable Fuels Association (CRFA) and shows that 85 percent of respondents feel pride in Canada’s biofuels industry. “This poll reinforces …