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RSSArchive for May, 2009

Air New Zealand saves 1.2 percent on fuel, 60-75% on emissions as biofuels flight test data published

In New Zealand, Air New Zealand announced that the engines running B50 blended biofuels in a December flight test saved 1.2 percent on fuel use as well as reducing greenhouse gas emissions by 60-75 percent, or 4.5 tons.
The airline said that it could save 1.43 tonnes of fuel on a 12-hour flight using a 50/50 [...]

US Interior Department invests $15 million to reduce forest biomass; bioenergy may use residues

In Washington, Secretary of the Interior Ken Salazar announced today that the Department would invest $15 million under the American Recovery and Reinvestment Act of 2009 to fund 55 projects that will reduce hazardous fuels on thousands of acres of federal land to protect communities at risk from wildland fires, support local economies and rehabilitate [...]

Virtual Energy Forum offers two-day virtual conference; Lovins, EDF, EERE to participate

The online-only Virtual Energy Forum, an innovative clean energy conference will take place June 24-25 and will feature such speakers as Amory Lovins of the Rocky Mountain Institute, Fred Krupp of the Environmental Defense Fund, and Mark Ginsberg of DOE’s Office of Energy Efficiency and Renewable Energy.
The forum includes keynote speeches, industry-specific presentations in five [...]

Biofuels Digest Index gains 1.52 percent to 56.69 on large cap, oil advance

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 1.52 percent to 56.69 as large cap and oil advances offset ethanol declines.  For the day, Archer Daniels Midland (ADM) gained 1.84 percent to $27.19, while BP gained 1.54 percent to $48.82.  Among small caps, Cosan (CZZ) fell 2.56 percent to $5.23. Overall, [...]

EPA says NO to MSW, forest was…

EPA says NO to MSW, forest waste as qualifying biofuels – http://tinyurl.com/r2expg

Virgin Galactic to bring biofu…

Virgin Galactic to bring biofuels to space flight – http://tinyurl.com/qtqxdm

Virgin Galactic space travel advances in testing; biobutanol, other biofuels envisioned for mothership, spacecraft

In New Mexico, construction will commence next month on the $198 million Spaceport America, a vertical launching pad and runway facility in Truth or Consequences that will be home to the Virgin Galatic spacecraft offering commercial space tourism flights for $200,000.
Sir Richard Branson’s Virgin Fuels is developing biofuels that can be used to power both [...]

Pilot project converts abandoned land in New Orleans to sunflower farm for biodiesel

In Louisiana, the New Orleans Redevelopment Authority has commenced development of a pilot program that will turn abandoned sections of the city into sunflower farms that will be harvested for biodiesel. The initial pilot project will utilize five abandoned lots near the Superdome, home to refugees from Hurricane Katrina when the city was submerged by [...]

Aventine seeks new investors for recap or sale

In Illinois, Aventine Renewable Energy announced today that, in addition to the parties that have already shown an expression of interest, it is now publicly soliciting other potential investor interest in support of a recapitalization or sale of its business.
The Company has set a deadline of June 17 for submissions of such interest. Aventine and [...]

ExxonMobil chair says transition from oil “100 years away”; more biofuels investment seen from XOM; Chevron pledges to calculate carbon content of fuels

In Texas, shareholders at the Exxon Mobil annual meeting solidly rejected measures to create an independent chairman of the board, increase investment in renewable energy and set greenhouse gas emissions goals, while Bloomberg reports that ExxonMobil chairman Rex Tillerson said “the transition away from oil-derived fuels is probably 100 years away.”
Tillerson also criticized the proposed [...]