Market News

01.09.09

World Bank Launches Green Bonds

The World Bank has launched its first “green bonds” to raise additional funding ...

01.08.09

Manitoba to Begin Biodiesel Mandate

Manitoba, Canada may mandate a biodiesel blend in provincially sold diesel fuel ...

01.07.09

Continental Airlines To Test Biofuel Flight

Continental Airlines will conduct a biofuels demonstration flight January 7th, t...

01.06.09

Colombia Freezes Fuel Prices

The Colombian Energy and Mines Ministry will keep petrol and diesel prices in Ja...

01.05.09

Crude Oil Rises on Middle East Conflict

Crude oil rose for a third day, Monday, after Israeli troops entered the Gaza St...

12.18.08

Japan Airlines Plans Biofuel Flight

Japan Airlines has planned a one-hour flight out of Tokyo on Jan. 30, using a je...

12.17.08

OPEC Cuts Oil Output

OPEC has agreed to cut oil output by 4.2 million barrels a day from September pr...

12.16.08

US Estimates Increase in Soybean Exports

Strong early season exports, mostly to China, prompted the USDA to raise its est...

12.15.08

OPEC Yet to Lower Oil Output

After agreeing to lower output in September and October, OPEC members have yet t...

12.12.08

Oil Falls on Rejected US Auto Bailout

Crude oil fell below $45 a barrel Friday after the US Senate rejected a bailout ...

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US EPA Releases RFS2

02.05.10

US EPA issued RFS2 this week including some major changes from the previous rule:

- Renewable fuels must account for 8.25% of total gasoline and diesel sales in 2010 to meet a mandate of nearly 13 billion gal of renewable fuels this year.
- The cellulosic ethanol output target is set at 6.5 million gal this year instead of the proposed 100 million gal.
- The 2009/2010 combined biomass diesel output target is set at 1.15 billion gal. by year-end.
- Measuring carbon dioxide emissions from ethanol and other biofuels includes indirect land use change, but biodiesel and renewable diesel from soy oil or waste oils, fats, and greases will meet the 50% GHG reduction threshold.
- Ethanol from sugarcane complies with the 50% reduction threshold for advanced biofuels.



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