The Iowa Power Fund released a report today that details the economic impact of 31 projects from 2008 through September 2010. Each of the projects has received monetary funds from the program. One project that has received funding from the Iowa Power Fund is Project LIBERTY, POET’s project to develop cellulosic ethanol from corn cobs and light corn stover. The …
Protec Fuel Opens First E85 Station with Imaging
The E85 site is also the first of its kind in the area. Located just north of Jacksonville and south of Savannah, the owner is excited to begin selling the product. “I’m looking forward to see how many green vehicles will use our new fuel,” noted owner of Mr. Pete’s, Al Coty. “I’m proud to carry the fuel – it’s …
Ethanol Industry Recieves Incentives for the Holidays
The only action remaining before the ethanol industry has the best holiday present of the season is President Obama’s signature. In what could literally be defined as the 25th hour, Congress passed the tax bill on Thursday that included a one-year tax extension for several key ethanol tax incentives. In the most heated subsidy debate in history, ethanol was the …
House Passes Tax Bill with Biofuel Incentives
Congress burning the midnight oil passed the tax cut legislation that will help the United States burn less foreign oil. The final vote was 277-148 on the Middle Class Tax Relief Act of 2010 (H.R. 4853) that now goes to the president’s desk to be signed into law. Despite opposition from some Democrats the bill passed without any changes. In …
The Hail Storm Against the Tax Package Intensifies
While many in the domestic U.S. energy industry were giving sighs of relief yesterday after the Senate passed the one-year extension of the tax package, others were not so calm. Two organizations in particular that are not happy with the renewal of the biofuel portion of the tax package were the Brazilian Sugarcane Industry Association (UNICA) and Friends of the …
Canada’s RFS Officially In Effect
Today marks a big day for supporters of renewable fuel in Canada. The country’s Renewable Fuels Standard has officially gone into effect. This adds nearly two billion litres of renewable fuels including ethanol and biodiesel, into the country’s gasoline pool each year and according to the Canadian Renewable Fuels Association (CRFA) will “change the way Canadians drive going forward.” In …
NEC Registration At Feverish Pace
Registration for the 16th Annual National Ethanol Conference on February 20-22, 2011 is filling up fast. So fast in fact that there is concern that the hotel rooms at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Arizona are going to be gone right along with 2010. The focus for this year’s conference is Building Bridges to a …
Ethanol Report on Senate Passage of Tax Bill
In this edition of “The Ethanol Report” we get reaction from Renewable Fuels Association president and CEO Bob Dinneen on the passage by the Senate of the compromise tax package that includes a one-year extension of important tax incentives for ethanol production and use. Dinneen says they are thrilled with passage of the measure, which gives some stability to the …
Senate Passes Tax Package
The Senate has overwhelmingly passed what is likely to be an early Christmas present for everyone, including renewable energy interests, with tax credits for ethanol and biodiesel extended for another year. The vote was 81 to 19 to pass the bill, which was primarily to extend both unemployment benefits and the Bush era tax cuts. The House is expected to …