The Energy Security and Independence Act (EISA) which expanded the Renewable Fuels Standard (RFS) is officially a year old today.
The ethanol industry is looking forward to the future for the RFS, which requires the use of ethanol and other renewable fuels to reduce dependence on foreign oil, after it survived a major challenge this year by the governor of Texas.
Renewable Fuels Association president Bob Dinneen says the RFS provides an important platform for the incoming Obama Administration. “President-elect Obama’s green jobs and green energy agenda are a perfect fit with expanding America’s production of the only green fuel that is reducing foreign oil dependence and global warming emissions today,” Dinneen said.
Despite all the challenges faced by the ethanol industry this year, production has been expanded significantly from 6.9 billion gallons in 2007 to over 10 billion gallons today. Ethanol represents more than 7% of the nation’s gasoline supply and can be found in more than 70% of gasoline gallons sold in the US.
The Renewable Fuels Standard requires 36 billion gallons of annual renewable fuel use by 2022, with 16 billion gallons of that to come from cellulosic sources. “The Renewable Fuels Standard is an ambitious target and one America’s ethanol industry is more than capable of meeting,” said Dinneen. “The investments being made and research being conducted at the private and public sector level will ensure this industry rises to meet this challenge.”


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Three universites in Connecticut will share more than $900,000 in state grants to test biofuel quality as well as to study different production methods and feedstocks, and another $2.2 million in grants will go to four biodiesel production facilities to help leverage at least $6 million in private investment.
An increase in taxes on biodiesel in Germany is expected to decrease that country’s production of the green fuel. But since Germans’ appetites for biodiesel are unlikely to be lessened, an American company sees the tax hike as a chance to move into the large European market.
Got a reminder in my e-mail today about the upcoming National Biodiesel Conference & Expo, Feb. 1-4, 2009, in San Francisco.
GreenShift Corporation has announced it has received a $38 million investment to produce 20 million gallons per year of biodiesel from corn oil, squeezed from the corn used in ethanol plants.
Looking to make a cleaner world and give better mileage to its customers, Freightliner Custom Chassis Corporation (FCCC) has introduced the first hybrid-electric Class A motorhome chassis in the industry.
The National Biodiesel Board continues to like what it sees when it comes to the incoming Obama Administration.
