Market News

08.26.09

Bunge to Acquire Brazilian Sugar Ethanol Company

Bunge is in the process of acquiring the sugar and ethanol production assets of ...

08.26.09

Argentina Farmers Threaten To Strike Over Export Taxes

In Argentina, Cabinet Chief Aníbal Fernández criticized the decision of the farm...

08.21.09

Ethanol Exports Halted in Thailand

The Thai energy ministry has asked the Thai Ethanol Producers Association to hal...

08.21.09

China to Subsidize Soy to Increase Reserve Sales

The China Grain Reserves Corp. stated this week that the government is working o...

08.21.09

Car Companies Agree to Biodiesel Blend in Thailand

In Thailand, all 13 major car companies, including Toyota, Ford, and BMW, have a...

08.21.09

Biodiesel Blend Mandate Commences in Portugal

In Portugal, fuel distributors' obligation to sell a 6% biodiesel blend at the p...

08.21.09

Crude Oil Hits 2009 High

Crude oil rose above $74 a barrel in New York for the first time in 10 months, f...

08.19.09

Australia Reaches Agreement on Energy Policy

Australia's government agreed with opponents on Wednesday for 20% of the country...

08.19.09

Brazil Biodiesel Consumption Rises 43% in 2009

Brazil's fuel consumption climbed 0.3% year-on-year to over 13-billion gallons i...

08.19.09

Airlines to Use Renewable Fuel in Ground Equipment

Eight US airlines have signed a deal with Rentech Inc. and Aircraft Service Inte...

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US EPA Renewable Fuels GHG Lifecycle Rule Met With Strong Opposition

06.05.09

US Senate Agriculture Committee Chairman Tom Harkin said he is doubtful that the final RFS rule will include the same application of indirect land use that has made the EPA proposal controversial.

Committee Chairman Collin Peterson has also disapproved of ILUC, recently saying, "Why would you put indirect costs for corn and soybeans, and not oil?"

EPA's ILUC analysis did not consider upstream activities of gasoline or petroleum, such as GHG and environmental impacts associated with ocean transport, international military and security measures to maintain foreign oil supplies, and the impact of current and future oil exploration.



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