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Regulators have given Iowa-based Renewable Energy Group (REG) the green light for finalizing its buy of a U.S. Biodiesel plant in Houston, Texas.

This article from the Central Valley Business Times says REG will start producing biodiesel on July 7th:

The REG Houston facility could produce 35 million gallons per year it it runs at, or near, full capacity, the company says.

The facility includes an on-site laboratory, raw material and finished product storage as well as truck, rail, deepwater and pipeline access.

All former U.S. Biodiesel Group employees at the Houston facility will remain on the job as REG staff.

City vehicles in Jacksonville, Florida’s will be running more and more on biodiesel… and the green fuel will help clean up the city’s waste.

This story from the Jacksonville Business Journal says the city is making 100 percent biodiesel at its fuel depot and mixing it to B20 to run in its diesel-powered vehicles:

Fleet management picks up used cooking oil from Naval Station Mayport, The Avenues and Orange Park malls and two Hooter’s restaurants in Jacksonville. The Avenues mall operations manager, Jim Leitner, said the free exchange is working well. The city provided stainless steel tanks about a year ago and has a weekly collection service.

The city has invested about $68,000 in the plant, mostly on equipment, since it opened a year ago. Erik Preacher, who’s in charge of inventory control and financial administration for fleet management, estimates that the plant will pay for itself within the first few months of full operation.

The money the city could save is substantial. B100 costs about $4 a gallon on the market but only about $1.50 a gallon to make. Considering that Jacksonville was already purchasing about 80,000 gallons a year in biodiesel and the city uses two million gallons of diesel a year (which could be replaced by the cheaper, home-brewed fuel), you could see how the savings would add up. Now while I’m not sure that there is enough used cooking oil to make up the two million gallons of petroleum diesel, this project is certainly a step in the right direction.

Sixty days after it left port in Sagunto, Spain… and 14 days ahead of the previous world record… the 100 percent biodiesel-powered boat, Earthrace, has finished circling the globe faster than any other boat ever has before.

This update comes from the Earthrace’s web site:

Sagunto, Spain, 27 June 2008, 13.24 GMT: Earthrace, the world’s fastest eco-boat, has smashed the world speed record for a powerboat to circumnavigate the globe, knocking almost 14 days off the previous record.

“This fantastic team of people and our astonishing boat have broken the record by a massive margin, said Pete Bethune, New Zealand skipper and owner of Earthrace, “I finally feel that all the sacrifices made, especially by my wife and daughters, have been worth it. I don’t even know how to begin to thank all the individuals and companies that have supported us along the way, some of them since the very beginning over five years ago. Without them, none of this would have been possible”

While it is the end of this world-record ride, it’s not necessarily the end of the road for the Earthrace. The boat and crew will start a two-year promotional tour, visiting Europe, the Caribbean, US and Australia, before returning home to New Zealand.