The Wall Street Journal published a letter to the editor this week from U.S. Secretary of Agriculture Ed Schafer that defends ethanol and the nation’s biofuels policies.
Schafer wrote the letter mainly in response to an op-ed by Texas Governor Rick Perry that appeared in the paper after EPA’s recent decision to deny his request to waive the Renewable Fuels Standard.
Shafer writes:
This decision has recently generated some critical commentary in your pages. I, however, support and applaud the EPA’s decision. Renewable energy is a tremendous American success story. We are the world leader in biofuels. Since 2000, U.S. ethanol production has quadrupled. Biodiesel production soared from two million gallons to 450 million last year. Cellulosic ethanol, which will derive fuel from non-food feedstocks, is moving into production.
Schafer also noted that the rising cost of food in recent months is due to a number of factors, including higher oil prices. “…the sharp rise in global grain prices in recent years is driven primarily by soaring energy costs, improved diets in rapidly developing nations, two years of bad weather in some countries, and new export restrictions in several nations. U.S. biofuels production contributed only an estimated 0.2%-0.6% to the 5.1% rise in U.S. consumer food costs.”


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New Jersey-based Energy Storage and Power says it is investing $20 million over the next three years to develop an underground compressed-air storage system for wind turbines and other power sources.
With Compressed Air Energy Storage (CAES), air is pumped into underground formations, such as depleted natural gas wells or salt caverns, using a natural gas-powered machine. The pressured air is released later to drive a turbine to make electricity.
Larkspur, Calif.-based Greenline Industries, a manufacturer of biodiesel production equipment, as listed seventh on Inc.’s overall list and was the No. 1 energy company for 2008. The company was also at the top of the 100 businesses in the San Francisco-Oakland-Fremont, Calif., list. According to Inc. Magazine, Greenline has experienced a 10,000 percent growth rate since it was founded in 2002. In 2004, the company had $318,000 in revenue; in 2007, Greenline reported $35.1 million in revenue.
The only biodiesel producer to make the list was Golden, Co.-based Blue Sun Biodiesel. Of the 23 energy companies to make the top 500, Blue Sun ranked tenth. Overall, the company was ranked 242 on the top 500 list.
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Archer Daniels Midland Company,
Right now, the U.S. gets just one percent of its energy needs from wind power, but experts say that could be increased 20-fold in a short time.
If you’ve been watching any of the Democratic Convention you’ve been seeing plenty of windy people talking up a storm (hey, they’re politicians… Republicans will spew plenty of hot air next week!). But wind energy (the kind that turns turbines), along with solar and biodiesel, is helping behind the scenes.