President-elect Obama’s choice for Secretary of Agriculture sailed through his Senate confirmation hearings this week and may be confirmed in time to take office on Inauguration Day. As expected, former Iowa Governor Tom Vilsack faced no opposition in the Senate and no controversial questioning. With regard to biofuels in general and ethanol in particular, Vilsack stressed the importance of moving …
Virginia Gov Proposes Incentives for Renewable Energy
Virginia’s governor is proposing a series of grants and tax credits to help renewable energy sources, such as biodiesel, ethanol, solar and wind energy, grow in his state… and grow the green jobs that come with those sources. This story from Virginia Business says Gov. Timothy M. Kaine sees the green jobs and renewable energy as a way out of …
UF Student Wins Ethanol Contest
The University of Florida Gators are National Champions again this year and now a UF student has won free ethanol-enriched fuel for a year. University of Florida student Joshua Nicdao won the Ethanol Challenge grand prize, valued at $1300, as part of the 2008 Fox Tailgate Tour. The contest was sponsored by the Ethanol Promotion and Information Council (EPIC) to …
Donors Build Alt Energy Institute at Stanford
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 …
Economic Stimulus Sought for Agriculture and Renewables
A diverse coalition of 34 business, agriculture and environmental groups is asking Congressional leaders to support an economic recovery package that provides strong funding for agriculture-based, clean energy development programs. The National 25x’25 Steering Committee and other renewable energy advocacy groups outlined a three part recommendation in a letter to Congressional leaders this week. The letter recommends including at least …
Ethanol Industry Leader Outlines Priorities
The chairman of the Renewable Fuels Association outlined the industry’s top priorities for 2009 during a telephone press conference Tuesday morning. Chris Standlee with Abengoa Bioenergy says there are three main priorities for the industry – stimulating economic growth, increasing blend limits, and modeling life-cycle greenhouse gas emissions. Standlee called on Congress and the Obama administration to recognize and continue …
Verenium Back in Compliance
Cellulosic ethanol company Verenium Corporation has regained compliance with the continued listing requirements of the NASDAQ Global Market. NASDAQ previously notified Verenium that it had fallen out of compliance with a rule requiring listed companies on the NASDAQ Global Market to maintain a minimum market capitalization of $50 million. NASDAQ has confirmed that Verenium now meets the requirements of this …
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 …
US Produces Enough Corn for Food and Fuel
The final 2008 corn crop estimate from the U.S. Department of Agriculture released today confirmed that American farmers produced the second-largest crop on record with the second highest average yield per acre in history – despite adverse weather across the Corn Belt during the early part of the growing season and a late fall harvest. Corn for grain production in …