by Kelsey Tamborrino (Politico’s Morning Energy) Securities and Exchange Commission member Allison Herren Lee said on Tuesday that “climate change presents a systemic risk to the financial market” and that “there’s
Tag "Securities and Exchange Commission (SEC)"
(Bloomberg Law) Scheme to defraud EPA renewable fuel program; Criminal cases made damages easy to calculate e-Biofuels LLC and other defendants face a $70 million liability for violating the False Claims
by Declan Foraise (Ecosystem Marketplace) Washington state Governor Jay Inslee has built his entire campaign on climate change, and today (May 16, 2019) he unveiled his “Evergreen Economy” proposal to redirect more
by Mario Parker and Jennifer A Dlouhy (Bloomberg) Gradual drop seen as refiners, farmers debate White House deal; Icahn owns 82% stake in independent oil refiner CVR Energy — The biofuel compliance credits used
by Dave Stafford (The Indiana Lawyer) Evansville-based Imperial Petroleum Inc. has been ordered to pay nearly $32 million to the Securities and Exchange Commission after it failed to reply to the SEC’s
by Jim Lane (Biofuels Digest) In November 2011, the Digest ran a story on a remarkable proposition — advanced by Richard Hamilton, then CEO of Ceres — that biofuels companies –
by Amy Harder (Axios) … Trillium proposed a resolution calling on EOG to set a target to reduce its greenhouse gas emissions. EOG complained to the SEC in late December that the proposal would micromanage
by Jeff Amy (Fox Business/Associated Press) A federal judge has approved a $4.5 million settlement for private shareholders of failed biofuel maker KiOR, and a lawsuit by the state of
by Timothy Gardner (Reuters) The U.S. Commodity Futures Trading Commission informed eight Democratic U.S. senators last month that it is not investigating biofuels credits after the lawmakers had urged it
(Office of Senator Elizabeth Warren) U.S. Senators Elizabeth Warren (D-Mass.), Debbie Stabenow (D-Mich.), Tom Carper (D-Del.), Sherrod Brown (D-Ohio), Sheldon Whitehouse (D-R.I.), Tammy Baldwin (D-Wis.), Tammy Duckworth (D-Ill.), and Amy
(Department of Justice) Defrauded biodiesel purchasers and shareholders — United States Attorney Josh Minkler and Assistant Attorney General John C. Cruden for the Department of Justice’s Environment and Natural
by Jim Lane (Biofuels Digest) In Montana, Blue Marble Biomaterials will become the first biomaterials company to utilize Regulation A+, a type of equity crowdfunding regulated by the Securities and
by Jim Lane (Biofuels Digest) In 2011, KiOR raised $150 million in its June IPO, claiming that it was generating yields of 67 gallons per ton in its Demo unit
by Jim Lane (Biofuels Digest) … But so far, the company and its celebrity investors and directors such as former Secretary of State Condoleezza Rice and famed venture capitalist Vinod Khosla
(U.S. Department of Justice) U.S. Attorney Josh J. Minkler for the Southern District of Indiana announced today the guilty verdict after an eight-day jury trial of Jeffrey Wilson of Evansville,
by Jim Lane (Biofuels Digest) … The company was beginning to hurtle towards an IPO. But the fuel yields were low; the fuel was not usable by their initial chosen downstream
by Devin Henry (The Hill) Natural gas developers are providing very restricted information about their methane emissions to investors, according to a report released Monday by a green group. According to
(Sustainability Accounting Standards Board/PR Newswire) The Sustainability Accounting Standards Board™ (SASB)™, a 501c3 non-profit organization that provides sustainability accounting standards for publicly listed companies in the U.S., today issued provisional standards for
by Jim Lane (Biofuels Digest) Unlimited oil production, no exploration risk, positive on environment, cheaper than unconventional US crude — what’s not to like about certain biofuels? This year, Joule
by Ryan Koopmans (Des Moines Register) … For the last decade, Big Oil has been running nervously through the halls of the U.S. Capitol and the EPA, screaming — to anyone
by Siri Srinivas (The Guardian) Shareholders ask the five largest US oil companies – Valero, Exxon Mobil, Marathon Petroleum, Phillips 66 and Chevron – to disclose the risks their operations and
by Erin Voegele (Biomass Magazine) On Jan. 8, Gevo Inc. issued an update of operations at its Luverne, Minnesota, plant, reporting that the facility produced more than 50,000 gallons of
by Steven Mufson (The Washington Post) Just over a year ago, billionaire venture capitalist Vinod Khosla was bubbling with optimism about one of his latest investments: KiOR, a biofuel outfit
(Global BioBusiness) A former cofounder of biofuel maker KiOR says he tried to warn other board members about problems with KiOR’s technology. The claims come from Mr. Paul O’Connor, who
by Jim Lane (Biofuels Digest) Key figure and company director Paul O’Connor resigns. Allegations relating to possible inside trading, suppression of 3rd party technology report laid by the Board against
by Joe Leo (Biodiesel Magazine/BrownWinick Law Firm) Let’s be honest, despite the fact that the biodiesel industry is experiencing arguably its most successful year, it is still difficult for biodiesel
(PR NewsWire/ Pomerantz Grossman Hufford Dahlstrom & Gross) Pomerantz Grossman Hufford Dahlstrom & Gross LLP has filed a class action lawsuit against Kior, Inc. (“Kior” or the “Company”) (NASDAQ: KIOR) and certain of
by Jim Lane (BioInvest Digest) Renaissance in biobased capital raising expected; register your interest in raising capital or seeing deal flow. In Washington, SEC Commissioners have voted 4-1 to lift the
by Kevin Cooper (Natchez Democrat) A federal judge ruled Thursday that would-be biofuels wizard John Rivera’s claims were not worth the hill of beans he claimed could be magically turned