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RSSArchive for September, 2007

Siemens executive says mowing a lawn produces more emissions than driving a new car from New York to LA

At a Detroit panel discussion titled “The Gasoline Engine Is Dead. Or Is It?” Siemens executive Michael Crane said “For the foreseeable future, the gasoline engine will continue to dominate.” “If I mow my lawn for one hour,” says Crane, “I’d produce more emissions than if I drove a new car from New York to [...]

Swedish government pledges increased spending on biofuels

In Sweden, the newly elected conservative Reinfeldt government has pledged to spend nearly $100 million on the development of biofuels. The government has signed technology partnerships with the US and Brazil in recent months regarding biofuel development. Already in Sweden, there is a $1500 rebate on the purchase of a flex-fuel vehicle and 40,000 cars [...]

New Spanish corn ethanol plants moves forward despite Abengoa ethanol shutdown

In Spain, Alcoholes Biocarburantes de Extremadura (Albiex) has commenced construction of a 29 Mgy corn ethanol plant near Badajoz, which will also produce 87,000 metric tonnes of distillers grains for livestock feed. Total plant investment is $59 million and plant is expected to open in 2009.

CNN Money article calls biodiesel the “rock star of fuels”; profiles rumored IPOs for Renewable Energy, Imperium Renewables

“Biodiesel is the rock star of fuels,” said Will Thurmond, author of Biodiesel 2020: A Global Market Survey, in a glowing review of biodiesel entrepreneurs and companies published by cnn.com.  “The U.S. market for the combustible stuff has more than doubled every year since 2004 and will hit $1 billion this year. The number of [...]

PrioBio biodiesel brand to launch in UK on November 1

In the UK, FCL Biofuels and Portuguese biofuels company Prio will launch the Portuguese consumer biodiesel brand, PrioBio, in the UK on November 1. FCL Biofuel, expects to have more than 50 million gallons in biodiesel capacity in the UK by the end of the year and will double than by 2010.

New biodiesel plant opens in Pennsylvania; Kansas corn ethanol project stalls

In Kansas, Sunflower Electric Power and Scoular officially ended their partnership to construct a 100 Mgy ethanol facility at the Sunflower Integrated Bioenergy Center in Holcomb. Scoular had announced its intention to build the plant in January, but did not give reasons for the change in plans.
Pennsylvania Bio Diesel commenced production yesterday in Beaver County. [...]

Shell UK head says: Don’t impose more penalties on gasoline, biofuels boost food prices

Shell UK chairman James Smith warned against imposing too many penalties on fossil fuels as a means of addressing emissions and climate change. “Wind farms are expensive, nuclear stations have difficulty dealing with waste, biofuels boost food prices and oil sands produce even higher emissions than oil,” Smith said. “Energy demand is going to continue [...]

Primate researcher Jane Goodall says biofuel crop growing is damaging rainforest in Brazil; former Brazilian ag minister says “It is an absurdity”

At the Clinton Global Initiative, primate scientist Jane Goodall said that crops growing for biofuels is damaging rain forests in Asia, Africa and South America and adding to the emissions blamed for global warming. “We’re cutting down forests now to grow sugarcane and palm oil for biofuels and our forests are being hacked into by [...]

Daily Biofuels Summary for September 27

Top Story: BusinessWeek ran a stinging article on the efforts of oil companies to slow the spread of E85. The article pointed out that, as fuel blenders, it is the oil industry that receives the 51 cent per gallon tax credit for ethanol. According to BusinessWeek, the industry – which did not request the subsidy [...]

Biofuels Digest Indexâ„¢ rockets up 1.62% as sector recovers

The Biofuels Digest Indexâ„¢, a basket of 21 public biofuels stocks, rose 1.62% to 99.28 following a pummeling earlier in the week. The Index remains down for the week as a whole but has recovered substantially from big losses triggered by analyst downgrades on weak ethanol pricing and rising costs.
Star performers were primarily among services [...]