Archive for July, 2009
Florida’s Gov. Crist upbeat in biofuels at Florida Farm to Fuel Summit
In Florida, Governor Charlie Crist told attendees at the Farm to Fuel Summit that Florida’s success as a national leader in renewable energy technology, including ethanol and other biofuel production, benefits the state’s economy and environment while reducing our dependence on foreign oil. I am committed to continuing the diversification of Florida’s energy portfolio and [...]
Airline industry faces carbon costs of $1.56 billion per year in EU in 2012 without emissions control
In the EU, a new report from RDC Aviation and Point Carbon concluded that the the airline industry will face carbon credit costs of $1.54 billion per year starting in 2012, based on the current carbon spot price of $20.26 per tonne. That year, the industry will enter the EU Emissions Trading Scheme.
The report warned [...]
Methanol Institute lays out the case for methanol fuel
The Energy Tribune ran an article by John Lynn of the Methanol Institute, which outlines that groups vision for the prospects and opportunities with methanol fuels. Methanol has been a controversial fuel option due to concerns over efficiency and safety, but methanol has been increasingly used in, for example, China.
The Methanol Institute article gives an [...]
DOE launches new $30 billion loan guarantee round; includes $500 million for “cutting edge biofuel projects”
In Washington, US Energy Secretary Steven Chu announced up to $30 billion in new loan guarantees, funded partly through the Recovery Act and partly through 2009 appropriations. The lending authority includes up to $500 million in subsidy costs to support loans for cutting edge biofuel projects funded by the Recovery Act.
The solicitation is the seventh [...]
SunEco and JB Hunt trucking firm sign agreement for algae biodiesel after successful alga-based B20, B50 trials
In California, SunEco and JB Hunt announced a cooperative agreement which could lead to J.B. Hunt becoming a significant purchaser of biodiesel made from natural algae oil using SunEco Energy’s proprietary technology. The two companies said that they had completed a series of successful tests using biodiesel made by SunEco Energy from 100 percent natural [...]
Verenium and BP name their partnership Vercipia, aim for DOE loan guarantee on Florida project
In Massachusetts, BP and Verenium announced that its 50-50 joint venture company will operate under the name Vercipia Biofuels, and plan to relocate its corporate headquarters to Florida. Vercipia continues to focus on the development of one of the nation’s first commercial-scale cellulosic ethanol facilities, located in Highlands County, Florida.
The company is also developing a [...]
Today in Biofuels Opinion: “Each year it has always been “four to five years down the road” before commercial production would become viable…”four to five years” is now.”
From Cattle Network: “The arrival of ethanol produced from cellulosic feedstock sources has almost been a standing joke within the ethanol industry. Each year it has always been “four to five years down the road” before commercial production would become viable. That has changed because the “four to five years” is now. At the recent [...]
Neste completes startup on 170,000 tonne biodiesel plant in Finland
In Finland, Neste Oil said that its new 170,000 tonne biodiesel plant at its Porvoo refinery has successfully completed start-up and is now running at full capacity. The plant doubles the company’s biodiesel capacity at Porvoo, and the company is also expected to complete 800,000 tonne biodiesel plants in Singapore in 2010 and Rotterdam in [...]
New Zealand sustainable biofuels bills heads for passage; no food crops, habitat destruction
In New Zealand,Energy Minister Gerry Brownlee said that five companies have taken advantage of a three-year biodiesel grant fund, and said that the application flow for the grants showed that the biodiesel industry in New Zealand was “in a strong state”.
Meanwhile, a Green Party bill that establishes sustainability standards for biofuels production passed its first [...]
Jamaica Broilers pledges JB Ethanol against new IIC loans, obtains new working capital, debt refinance
In Jamaica, Jamaica Broilers Group secured a US$7 million loan from the Inter-American Investment Corporation (IIC) to provide working capital and pay down high-cost bank debt. The group said that it guaranteed the debt with its JB Ethanol business, which the group has invested $42 million in to date. The ethanol business, which uses [...]


