Market News

12.11.07

Pacific Ethanol Halts California Plant

Pacific Ethanol Inc. has halted construction of a 50 million gallon ethanol plan...

12.07.07

US May Adopt 36 Billion Gallon RFS

The US House of Representatives has passed the Energy Independence and Security ...

12.05.07

Global Ag Production Projected To Decrease

The world's agricultural production is projected to decrease by 16% by 2020 due ...

12.04.07

US & EU Seek To End Trade Barriers for Green Technology

The US and the EU jointly launched a proposal in world trade talks aimed at coun...

12.03.07

Bionor Looks To Jatropha in the Philippines

Global feedstock firm Bionor Transformacion S.A. is planning to invest $200 mill...

11.30.07

EBB Lodges US Trade Complaint

At the EBB General Assembly in Brussels today, a unanimous decision was reached ...

11.27.07

France May Cut Biofuel Tax Advantage

France may cut tax advantages for biofuels by one-third as part of a review of i...

11.27.07

Analysts See Rise In European Biodiesel Output

European biodiesel output will increase from 7.15 mt in 2007 to 11.7 mt in 2008/...

11.21.07

Biodiesel Production May Lower South American Soy Exports

Increased biodiesel production in Brazil and Argentina is likely to reduce the t...

11.20.07

China To Import 6 Million Tons of Palm Oil in 2007

China will import more than 6 million tons of palm oil in 2007, according to an ...

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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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