Rep. Hulshof’s Capitol Hill View

Chuck Zimmerman

Rep. Kenny HulshofCongressman from Missouri, Kenny Hulshof, (R-MO) was on stage today at the National Ethanol Conference as part of the session on how things look on Capitol Hill for the 110th Congress.

Hulshof said that he might get in trouble as a Republican by saying it, but he said that he thinks agriculture will fare well with Rep. Peterson at the helm of the House Agriculture Committee.

Hulshof urged attendees to make their voice known and take advantage of the accessibility of their elected leaders. He’s excited about a resurgence in rural America.

You can listen to his remarks here: Listen to MP3 File Rep. Kenny Hulshof Remarks (14 min MP3)

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Capitol Hill View by Rep. Peterson

Chuck Zimmerman

Rep. Collin PetersonThis morning at the National Ethanol Conference we got the view from Capitol Hill as two of our Congressmen provided their thoughts on the legislative agenda for the 110th Congress.

First up was Representative Collin Peterson (D-MN). He serves as Chairman of the House Agriculture Committee.

Peterson started out mentioning the farm bill and the challenges presented by the successes in agriculture, especially in crops like corn. He also talks about how the livestock industry is making its concerns known on the Hill regarding feed costs.

You can listen to his remarks here: Listen to MP3 File Rep. Collin Peterson Remarks (16 min MP3)

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Biodiesel… This Year’s Ethanol

John Davis

As I’ve talked about before on this blog, one of the keys to biodiesel being a success is it being financially viable. This article in the Financial Times Deutschland (Germany) has one expert predicting that biodiesel could see the results ethanol has recently seen:

Biodiesel could be “this year’s ethanol” in the view of Leigh Goering, portfolio manager for the natural resources fund at Chilton Investment Company.

A recent survey by an energy and utilities research firm suggests that biodiesel could soon join ethanol as one of the most important alternative fuels, saying the global market for biodiesel is poised for explosive growth in the next 10 years.

That means more biodiesel stations, plants, and supplers… and all this seems to be adding up to some major investment opportunities that some major players seem to be cashing in on:

All the activity has made biodiesel a key area of investment for fund managers and other investors. They have been funding the growing number of plants and refineries as well as driving robust merger and acquisition activity within the sector. Goldman Sachs, for example, last year invested more than $1.5bn in alternative energies and clean technologies worldwide.

Biodiesel, International

Bob in a Saab

Chuck Zimmerman

Bob in a SaabGeneral Motors is sponsoring a display of flex fuel vehicles here at the conference as I mentioned previously.

This afternoon I had a chance to go on a test drive with Bob Dinneen, President/CEO of the Renewable Fuels Association at the helm and with him was Coleman Jones, Biofuels Implementation Manager, GM Powertrain.

We took a short drive around the complex and fortunately there were no tickets and we made it back safely.

In this video I asked Coleman about the vehicle we’re in as well as the others they have on display.

Follow all the proceedings of the conference on the National Ethanol Conference blog.

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Ethanol & Racing by Bobby Rahal

Chuck Zimmerman

Bobby RahalBobby Rahal, Rahal-Letterman Racing, was our luncheon speaker today.

Bobby says that racing has always been the place that auto manufacturers have experimented with various technologies and fuel is no exception. He says that with the Indy Racing League moving to 100% ethanol this year and with the American Le Mans Series moving to a blend of ethanol that the message of how well the fuel performs while reducing our dependence on foreign oil will continue to reach the American public. He says that racing is a perfect venue to help provide accurate information to the consumer and combat misleading information that is still being circulated.

You can listen to his remarks here: Listen to MP3 File Bobby Rahal Remarks (14 min MP3)

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Understanding Alternative Fuels Policy Proposal

Chuck Zimmerman

Hon. Stephen JohnsonHere at the National Ethanol Conference we got some policy information you might find helpful to understand the President’s proposal on alternative fuels. With policy playing such an important role in the growth and development of the ethanol industry it was necessary to get the perspective from one of the government agencies that has a significant role in regulation.

To do that we heard from the Honorable Stephen Johnson, Administrator, U. S. Environmental Protection Agency.

He talks about President Bush’s 20-in-10 plan, to reduce domestic gasoline usage 20% by the year 2010. The plan calls for increased levels of renewable fuels. He says he’ll be working with Congress to pass the President’s Alternative Fuels Proposal.

You can listen to his speech here: Listen to MP3 File Hon. Stephen Johnson Speech (12 min MP3)

Follow all the proceedings of the conference on the National Ethanol Conference blog.

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A Global Perspective on Ethanol

Chuck Zimmerman

Mickey KantorWe had a special presentation this morning at the National Ethanol Conference from former U. S. Trade Representative and now partner in the firm of Mayer, Brown, Rowe and Maw LLP, Mickey Kantor.

Kantor spoke on the subject of “Understanding Ethanol in a Global Marketplace.” He provided an interesting and at times amusing perspective on the subject.

You can listen to his speech here: Listen to MP3 File Mickey Kantor Speech (24 min MP3)

Follow all the proceedings of the conference on the National Ethanol Conference blog.

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A Rousing Speech From the DOE

Chuck Zimmerman

Andrew KarsnerThe Honorable Alexander Karsner, Assistant Secretary of Energy Efficiency and Renewable Energy, U. S. Department of Energy, was the keynote speaker at today’s National Ethanol Conference general session.

Karsner talks about the unprecedented calls to policy and calls to action and an accelerated time frame when it comes to resolving the issue of our addiction to foreign oil, a term he says that he and his department are comfortable with.

You can listen to his speech here: Listen to MP3 File Hon. Andrew Karsner Speech (36 min MP3)

Follow all the proceedings of the conference on the National Ethanol Conference blog.

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Carter Hometown to be Home of Peanut Biodiesel Plant

John Davis

Carter farm Former President Jimmy Carter’s hometown of Plains, Georgia will become the home of a new biodiesel plant. According to a press release from the National Biodiesel Board, the plant will be just a few blocks from Carter’s home and actually use peanuts from the Carter farm to make some of the biodiesel:

Pres. Jimmy Carter “The development of alternative, environmentally responsible energy sources has been a passion of mine since I became a public servant,” President Carter said. “The production of alternative fuels, such as biodiesel, is a very important step toward energy independence while at the same time being less harmful to the environment and supporting local farmers.”

National Biodiesel Board logo “We can thank President Carter for the thriving renewable energy growth of today,” said Joe Jobe, CEO of the National Biodiesel Board. “Many people within the biodiesel and ethanol industries credit his leadership in the 1978 Energy Bill for launching the renewable fuels effort in the United States.”

Interestingly enough, the first diesel engine actualy ran on peanut oil.

The Alterra Bioenergy plant will be able to produce 15 – 30 million gallons of fuel a year. Production begins in the fall of this year.

Biodiesel

The State of the Ethanol Industry

Chuck Zimmerman

Bob DinneenThe Reverend of Renewable Fuels and the President/CEO of the Renewable Fuels Association, Bob Dinneen, gave his annual State of the Ethanol Industry speech this morning here at the National Ethanol Conference.

Bob says that “We have met the nattering nabobs of negativity, and we have soared.” In a word, he says the ethanol industry is sound. You can listen to Bob’s full speech here and I’ll post a link to the text of his speech as soon as I get it.

Post Update: Here’s a link to the speech: State of the Ethanol Industry (Word doc)

Bob’s speech is filled with current facts and figures on the industry like the fact that in 2006, the ethanol industry:

  • Increased gross output by $41 Billion;
  • Supported the creation of 163,000 jobs, including 20,000 in the manufacturing sector;
  • Put an additional $6.7 Billion into the pockets of American consumers;
  • Added $2.7 Billion in new tax revenue for the federal governmant and $2.2 Billion for state and local treasuries.
  • You can listen to Bob’s opening speech here: Listen to MP3 File Bob Dinneen State of the Industry Speech (25 min MP3)

    Follow all the proceedings of the conference on the National Ethanol Conference blog.

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