Market News 
01.31.08
Cellulosic Ethanol Plant To Be Sited In Colorado
Canadian companies, Lignol Innovations and Suncor Energy are planning to build C...
01.30.08
US States Call for Tighter Carbon Credit Rules
Ten US states have called on the Federal Trade Commission (FTC) to tighten the r...
01.29.08
Ultra Green Energy Begins NY Biodiesel Distribution
Ultra Green Energy Services LLC, a Bioheat heating oil dealer in the Northeast, ...
01.28.08
First US Commercial Cellulosic Ethanol Plant to Begin Production
In Louisiana, Verenium said that it will begin operating the first enzyme-based,...
01.25.08
UAE Announces $15 Billion for Renewable Energy
In the United Arab Emirates, the Crown Prince of Abu Dhabi announced a $15 billi...
01.24.08
NYC May Adopt Biodiesel Heating Oil
New York City homeowners, businesses, and city government may be switching to bi...
01.23.08
European Union To Establish Biofuel Tariffs
The European Union will introduce measures today to establish tariffs on US biof...
01.22.08
Indonesia Suspends 10% Soybean Import Tax
The Indonesian government has removed a 10% import tax on soybeans and is studyi...
01.22.08
Crude palm oil prices have begun to fall in Malaysia as biodiesel demand drops o...
01.18.08
Shell To Develop Algae Biofuels
Royal Dutch Shell and Hawaii-based HR Biopetroleum Inc., a developer of large-sc...
US May Adopt 36 Billion Gallon RFS
12.07.07
The US House of Representatives has passed the Energy Independence and Security Act to expand the nation’s Renewable Fuels Standard (RFS) to 36 billion gallons by 2022.
The legislation specifically requires that 500 million gallons of biodiesel and biomass-based diesel fuel be blended into the diesel pool in 2009, gradually increasing to one billion gallons by 2012.
The bill extends the biodiesel tax incentive through Dec. 31, 2010, but excludes co-processed renewable diesel from receiving the tax credit along with foreign-produced biodiesel brought to the US then exported.
Before the legislation can become law, it must be passed by the US Senate and signed by the president. The White House has indicated it may veto the bill if passed into law as the House version.
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