Articles tagged with: biofuel tax credit
by Nathanael Green (Energy Now/Natural Resources Defense Council) …Our dependence on oil hurts our economy, helps our adversaries and puts our security at risk. Each day we send over $1 billion overseas for oil, often …
by Robert Pore (The Independent) …Nebraska’s ethanol industry could be adversely impacted if Congress doesn’t extend key tax incentives, especially those for cellulosic ethanol, a Nebraska Ethanol Board official said.
The incentives that the Advanced Ethanol …
by Garry Niemeyer (National Corn Growers Association) Back in August, the Green Scissors Project identified ways the federal government could shave $380 billion from the federal budget over five years. But their $380 billion in …
by Will Buss (News-Democrat) Two state lawmakers believe they have a solution to Illinois’ high unemployment rate.
Rep. Dwight Kay, R-Glen Carbon, and Rep. Paul Evans, R-O’Fallon, have a blueprint that they believe will attract and …
by Cindy Zimmerman (DomesticFuel.org) A coalition of retailers, producers, equipment manufacturers have formed the Coalition for E85with the stated purpose of protecting consumer access to 85% ethanol blends.
According to the coalition, if the current tax credit for …
Monica Von Dobeneck (The Patriot-News /PennLive.c0m) Ben Wooten is doubling his workforce, quadrupling his space and increasing his production tenfold at his Keystone BioFuels in Lower Allen Twp. Not bad in a stagnant economy, …
(Farm Business) US biodiesel production reached a new monthly high of 81 million gallons in June, according to the latest EPA statistics, marking a third consecutive month of record volumes and continuing a remarkable turnaround …
by Bryan Sims (Biodiesel Magazine) After sitting idle for a year, Inland Empire Oilseeds LLC managed to restart production at its 8 MMgy canola-based biodiesel facility, including an adjacent canola crushing plant, in Odessa, Wash.
…Edmonds …
Senator Chuck Grassley (R-Iowa) (Biodiesel Magazine) Q. Why do you support the production of biodiesel?
A. Too much of America’s energy comes from fossil fuels imported from countries that don’t like us. We can reduce dependence …
by Jacob Barker (The Columbia Daily Tribune) Policies fueled the boom in industry.
Federal subsidies for ethanol push up ethanol production and the price of corn, according to a report released today (June 27, 2011) from …
(National Biodiesel Board) America’s Advanced Biofuel Supporting Thousands of New Jobs While Generating Billions in Household Income, Tax Revenues
The U.S. biodiesel industry will grow to support more than 74,000 jobs throughout the economy by 2015 while …
by Jim Lane (Biofuels Digest) In Washington, on a cloture vote in the Senate to proceed to an amendment that would end the current ethanol tax incentive immediately, Senator Coburn’s amendment lost 40-59, falling 20 votes …
by Lori Montgomery (The Washington Post) A majority of Senate Republicans appeared to break Tuesday with two decades of GOP orthodoxy against higher taxes, voting to advance a plan to abruptly cancel billions of dollars …
by Joanna Schroeder (DomesticFuel.com) Senators John Thune (R-SD) and Amy Klobuchar (D-MN) along with a bipartisan group of nine other Senate colleagues have introduced the Ethanol Reform and Deficit Reduction Act. The bill is designed …
by Jim Lane (Biofuels Digest) …Instead of simply not collecting a portion of the fuel tax, the consumer is charged the whole amount, which is collected by the gas station and paid to the government. …
by Jim Lane (Biofuels Digest) Genencor CEO Tjerk de Ruiter says, “As long as they create a mandate, the $1.01 a gallon cellulosic tax credit will help, but could live without it.”
Last week, Genencor released …
by Steven Mufson (The Washington Post) …The paper industry — which in 2009 raked in billions of dollars in federal subsidiesoriginally intended to promote alternative highway fuels — is now using a different biofuel tax credit …
(OPIS) …According to sources familiar with the proposal, the Renewable Fuels Association, Growth Energy, the American Coalition for Ethanol and the National Corn Growers Association (NCGA) have agreed to phase down the current 45 cts/gal …
(IowaPolitics.com) Floor Speech of Sen. Chuck Grassley Ethanol and Energy Independence Delivered Monday, March 07, 2011
…We must look to alternative and renewable resources so we can improve our energy and national security.
This includes supporting energy …
(Wallaces Farmer) …NCGA (National Corn Growers Association) delegates attending the meeting in Tampa, Fla., adopted ethanol policy that states “NCGA supports reforming existing ethanol tax policy. Ideas to replace existing tax law, in the following priority …
by Jim Lane (Biofuels Digest) …Tom Buis, CEO, Growth Energy: “Anyone who blames ethanol for pain at the pump simply hasn’t looked at the market, where ethanol is historically cheaper than gasoline. In fact, ethanol …
by Candace Krebs (AgJournal.com) Since Stratton Equity Co-op installed Colorado’s first “blender pump” offering a range of ethanol based fuels last April, interest has slowly been rising, right on track with national ethanol usage overall.
“We’ve …
by Antonio Acost (Faribault County Register) It pays to conserve energy. Especially, if you are producing ethanol.
Corn Plus officials in Winnebago will soon receive a check in the mail for $12 million.
“It’s going to keep …
by Philip Brasher (Des Moines Register) Boom times are ahead for a biodiesel industry that struggled just to stay alive in 2010.
The industry could produce as much as a billion gallons in 2011, nearly triple …
(State Journal-Register) …As a former secretary of agriculture, I know that continuing to encourage the ethanol industry is good for rural America and the entire nation. Ethanol generates jobs, preserves the environment, and protects our …
by Charles Abbott and Timothy Gardner (Reuters) U.S. ethanol makers face a battle over reforming subsidies next year after current incentives are rolled over in the tax package signed into law by President Barack Obama on …
by Jim Lane (Biofuels Digest) In Washington, the US House of Representatives voted by a 277 to 148 margin to approve the Obama tax deal, which extends the ethanol tax credit through 2011, and retroactively extends the biodiesel …
by Steve Maddox (The Hill) …Although conventional, corn-based ethanol is not the darling of the environmental movement, it does have certain national security benefits that cannot be overlooked. And the next generation of biofuels being …
by Stacy Feldman ( SolveClimate/Reuters) With over 100 start-ups hard at work, industry predicts it can deliver success in under a decade if granted production tax credits
…The head of the 170-member Algal Biomass Organization (ABO), Mary …
by Matt Hartwig (Renewable Fuels Association) Earlier this week, Iowa State University Professor Bruce Babcock released a policy brief entitled “Impact of Ethanol, Corn, and Livestock from Imminent U.S. Policy Decisions.” Much of this analysis …
Global Biofuels Alliance, Inc. (GBA), established in 2010, is a new nonprofit trade association representing small to midsize biofuels producers, traders, marketers, distributors, and other interested biofuels parties. The GBA’s formation was prompted by the …
by Geoff Cooper (Renewable Fuels Association) Ethanol prices have strengthened over the past several months in response to higher corn prices and growing ethanol demand. Some have attempted to single out the escalation in ethanol prices …
by Eric Staats (NaplesNews.com) …Today, growing algae to turn into biofuel is serious business, and (US Senator Bill) Nelson wants to give the fledgling industry a tax break.
Nelson, D-Fla., toured the headquarters and research labs of …
by Todd Neeley (Progressive Farmer) In the eternal mudslinging between supporters and opponents of biofuels, “subsidies” are one of the opponents’ biggest and most painful mud balls.
“If ethanol is such a good idea, why does …
Interview of BIO’s Brent Erickson by Jim Lane (Biofuels Digest) …BE: I have been a little bit disappointed in the Obama administration. When he was in the Senate he as very pro-biofuels. He had to …
(GlobalPaperMoney) KapStone Paper and Packaging Corporation (NYSE: KS) announced that the company was notified that its registration as a producer of cellulosic biofuel for the tax year 2009 has been approved. With this registration, KapStone may …
by Sasha Lyutse (Natural Resources Defense Council) …
As a result, the VEETC has not only concentrated the ethanol industry in just a handful of states, but siphoned scarce resources away from more competitive biofuel technologies …
by Gary Truitt (Hoosier Ag Today) A variable subsidy for ethanol producers could cost the government less and provide more security for producers than current fixed rates, according to a Purdue University study. A variable …
by Darrin Ihnen (The Hill/National Corn Growers Association) …Unfortunately, many of the articles we’re seeing don’t get the facts quite right. The New York Times, for example, asserts that the Renewable Fuel Standard mandates the …
by Jim Lane (Biofuels Digest) Back in 2008 the death watch began on Imperium Renewables.
Though its 100 Mgy multi-feedstock plant in Grays Harbor was, at the time, the largest and most modern biodiesel facility in the …
(Growth Energy) The New York Times’ July 29th Editorial “Energy Subsidies – Good and Bad,” mischaracterizes Growth Energy’s proposal to open the American transportation fuels market and fails to acknowledge the technological advancements that have made …
by Joe Ruff (Omaha World Herald) It’s time for the federal government to move beyond offering tax credits to companies that combine ethanol with gasoline, said the CEO of the fourth-largest ethanol producer in the country.
Instead, …
by John M. Urbanchuk (ENTRIX/The Hill) In his July 27 blog posting “The economics of U.S. ethanol policy” Professor Bruce Babcock of Iowa State University reports the results of new research suggesting that allowing the current …
by Jay Heflin (The Hill)
A new study by the Center for Agricultural and Rural Development shows a reduction in the ethanol tax credit proposed by the House Ways and Means Committee and removing tariffs on …
(Grainnet) The Green Scissors campaign, a diverse coalition of taxpayer, environmental and consumer groups, released July 22 Green Scissors 2010, a report highlighting government programs and subsidies that are wasteful to taxpayers, harmful to the environment …
by Jim Lane (Biofuels Digest) …Two new data points have been introduced. A Congressional Budget Office report on the ethanol tax credit, and a report from Bruce Babcock et al at Iowa State, funded by …
by Jim Lane (Biofuels Digest) Growth Energy, the Renewable Fuels Association, the Environmental Working Group, the Grocery Manufacturers Association, the Natural Resources Defense Council, the American Meat Institute, and several members of congress are among …
(Congressional Budget Office) The federal government supports the use of biofuels—transportation fuel produced usually from renewable plant matter, such as corn—in the pursuit of national energy, environmental, and agricultural policy goals. Tax credits encourage the …
by Anna Austin (Biomass Magazine) With their extreme versatility and often complicated nature, it isn’t easy for most people to wrap their brain around advanced biofuels, and the definitions in the renewable fuels standard 2 …
(Union of Concerned Scientists) The Billion Gallon Challenge: Advanced Biofuels from diverse sources such as grasses and agricultural waste hold the promise of sustainably reducing U.S. oil dependence and global warming emissions. Unfortunately the advanced biofuels …
