In Vietnam, local press reports that on top of falling demand for E5 over the past 18 months whereby stations find it hard to justify storing and selling the fuel when only a few hundred liters per month are sold, it’s become even less viable due to rising oil prices that kick in the government’s […]
In Washington, the Energy Information Agency says federal subsidies for renewable energy—including biofuels for transportation use and renewable generation of electricity—dropped to $6.7 billion in fiscal year (FY) 2016, a 56% decline from FY 2013. Renewable subsidies in FY 2010 and FY 2013 were approximately $15 billion, more than double FY 2016 levels, as support […]
In Washington, the Farm Bill contained a provision removing subsidies for biofuel blending pumps in rural areas. This provision, another in a series of struggles for ethanol industry beginning with the EPA rollbacks in November, represents a blow to the executive branch, which had aimed to help gasoline station owners install 10,000 blender pumps over […]
In Canada, Ottawa’s government is formally shutting down the biofuels subsidy program that will have provided more than CAD $1.5B in subsidies to grain-based ethanol and biodiesel producers across the country. The letter announcing the decision cited the lack of production as the reason for the cuts: Natural Resources Minister Joe Oliver said that the […]
In Canada, a company under investigation for dumping biodiesel in Europe via US exports is set to receive a $65.4 million in government subsidies and is set to become the country’s largest biodiesel producer. Great Lakes Biodiesel is building the facility in Welland, Ont. but the offices of Bioversel Trading, which share offices with Great […]
