Trader CME Group will be offering nine new futures contracts for Renewable Identification Numbers (RINs) for biodiesel and ethanol, among other renewables. This company news release says they’ll be listed by and subject to the rules and regulations of NYMEX. “With the recent increase in volatility in RINs prices, we’ve seen strong interest from our customers and other market participants …
Florida Axes State Renewable Fuel Standard
Earlier this week, the Florida Legislature passed HB4001, a bill that repeals the state Renewable Fuel Standard (RFS). Senator Greg Evers was a huge supporter of the bill, that allows Florida consumers the ability to purchase gasoline that is ethanol free. In a statement, Evers said, “The bill eliminates the unnecessary power of the government to force Florida citizens to …
Neil Young Fills ‘er Up with Cellulosic Ethanol
Earlier this month, Hall of Fame recording artist Neil Young stopped by Sioux Falls, South Dakota to fill up his LincVolt with POET-DSM cellulosic ethanol. LincVolt is a hybrid-electric 1959 Lincoln Continental with onboard charging powered by cellulosic ethanol. He’s on a cross-country tour to highlight renewable energy. During his visit, Young said you don’t see much about what is …
Lee Consulting: Alternative Energy Knowledge Center
Have a question about renewable energy? Then look no further than Lee Enterprises Consulting based in Sherwood, Arkansas and your go-to guy, Wayne Lee. Lee has been a consultant for nearly 30 years and about a decade ago, began expanding his expertise into biofuels as people began coming to him with questions. He said he began fairly small with the …
Ten Ways Renewable Fuels are Enviro
The Iowa Renewable Fuels Association (IRFA) has unveiled a list of 10 ways the renewable fuels industry is helping to improve the environment. According to IRFA, renewable fuels offer positive impacts on the environment compared to petroleum-based counterparts. “Renewable fuels make our planet a better place to live with healthier air and water, and that’s exactly what Earth Day is …
American Ethanol Helps NASCAR Go Green
In honor of Earth Day, racing is shifting gears this month to focus attention on environmental awareness with the NASCAR RACE TO GREEN™ campaign and American Ethanol is part of the effort. The campaign is hosting a National Tree Planting initiative this month encouraging racing teams, tracks, drivers, partners and fans to pledge to plant some trees today – Earth …
Get Your Green on with Biofuels
According to Fuels America, the biofuels industry is getting its green on with improved sustainability measures adopted throughout the biofuel chain. The chain – from farm to fiber to fuel– is meeting needs for energy, food and fiber in a more environmentally sensitive manner each day. During a press call this week, farmers and ethanol industry experts gave a briefing …
Shell at ABLC: Don’t Blame Big Oil for Blend Wall
One of the great things about the Advanced Biofuels Leadership Conference is the diverse group of biofuels stakeholders with diverse points of view. Case in point, Shell Oil’s presence at the gathering, and the company’s Downstream Policy & Advocacy Manager, North America, John Reese, who makes the contention that it’s not the oil companies who are creating the E15 blend …
Ethanol Daily Production at Nearly 35 Mil Gallons
Latest figures from the Energy Information Agency show that last week’s ethanol production hit 34.94 million gallons daily for an annual rate of 12.63 billion gallons. And the Renewable Fuels Association (RFA) points out those numbers reflect about 10 percent of the overall daily gasoline demand: Stocks of ethanol stood at 17.5 million barrels. That is a 1.6% decrease from …
GlobalData: BioEthanol Car Fuel of Future
According to a new report by @GlobalDataEnergy, #bioethanol is the car fuel of the future. The report, “#Cellulosic Ethanol – Global Production, Major Trends, Regulations, and Key Country Analysis to 2020,” finds that #ethanol is the most widely acclaimed alternative or additive for gasoline used for running vehicles. In addition, the U.S. ranked number one in biofuel production using natural …