Team Ethanol scored its first IndyCar Series win Sunday at the Camping World Grand Prix in Watkins Glen, NY. Appropriately on Independence Day weekend, it was an all-American win for the Rahal Letterman team, which is sponsored by the ethanol industry – including ICM, POET and Fagen – with driver Ryan Hunter-Reay at the wheel. “It’s a dream come true,” …
Florida Gov Signs Alt Energy Bill
Florida Governor Charlie Crist has signed a comprehensive alternative energy bill that is being touted as putting his state on the right foot for beginning true energy independence, while being realistic. This story from the Walton Sun says the new law will encourage investments in alternative and renewable energy technology and will help reduce greenhouse gases: This follows a year …
Corn Growers Defend Missouri Ethanol Standard
The Missouri Corn Crowers Association (MCGA) is citing ‘political schemes’ are the root of talk that may remove the statewide ethanol standard. This removal, they say, “will sharply increase prices to consumers, drain dollars from already tight household budgets and play directly into the hands of foreign oil cartels.” “By utilizing corn-based ethanol in gas pumps throughout the state, Missouri …
Investment in Biodiesel, Ethanol, Solar & Wind Up 60%
The world’s investment in clean energies – solar, wind and biofuels – jumped an amazing 60 percent from 2006 to 2007… thanks to rising oil prices and changing climate rules. This story from Bloomberg.com says the information came from a United Nations Environment Program report: Wind power attracted the most financing at $50 billion, according to a report today from …
United for Energy Independence
A coalition of biofuels, agricultural and environmental organizations is calling for a united effort toward making July 4th Energy Independence Day by extending America’s domestic fuel supply through increased biofuels use and simple conservation strategies. Currently, America’s domestic gasoline and ethanol production combined is enough to supply the country’s gasoline needs for 149 days. But through the increased use of …
Poultry Company Behind Ethanol Waiver Request
An article in the Houston Chronicle this week traces Texas Governor Rick Perry’s request for a waiver of the Renewable Fuels Standard back to a March 25 meeting with Lonnie “Bo” Pilgrim, owner of Pilgrim’s Pride, the country’s largest chicken producer. According to the article, Pilgrim gave $100,000 to the Republican Governors Association chaired by Perry shortly after that meeting. …
USDA Report Good News for Ethanol
The USDA Planted Acreage report out Monday was good news, although it does not yet reflect the damage from Midwest flooding. Corn planted area is reported to be 1.31 million acres more than was estimated in the March intentions report at 87.3 million acres, down just 7 percent from last year. That is the second highest since 1946, behind last …