Industry News

06.30.08

Biomass Industry Projected At $1.5 Billion

The emerging biomass industry is projected to become a $1.5 billion market by 20...

06.27.08

Jatropha Development Below Target

The director of the Surfactant and Bioenergy Research Center (SBRC) at the Bogor...

06.26.08

Spain's Largest Biodiesel Plant Now Online

Austrian Biodiesel International, BDI, announced that on the 20th June, its sixt...

06.25.08

New Zealand Introduces New Biofuel Bill

In New Zealand, new biofuel legislation has been introduced into Parliament to i...

06.24.08

Republic of Congo To Grow Biofuel Crops

The Republic of Congo plans to set aside part of its arable land for biofuel pro...

06.23.08

Airlines Look To Algae Biofuel

Air New Zealand, Continental Airlines, and Virgin Atlantic have joined the Algal...

06.20.08

President Bush Seeks Deep Water Oil Drilling

President Bush asked Congress this week to permit drilling for oil in deep water...

06.19.08

Aloe Vera Seen As Biofuel Feedstock

In India, a two-year research study by M S University botanists has concluded th...

06.18.08

US Senate Fails to Pass Energy Extenders Bill

On Tuesday, the US Senate failed to gain cloture by eight votes on an energy tax...

06.17.08

Biomass Power Station Planned for UK

In the UK, the Energy Minister has approved Helius Energy’s plans to construct a...

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US House Passes Energy Tax Package

02.28.08

Yesterday, the US House has passed the Renewable Energy and Energy Conservation Tax Act of 2008.

Among its provisions, the bill: (1) extends the biodiesel tax incentive for 2 years through December 31, 2010; (2) classifies the tax treatment of co-processed renewable diesel; (3)retroactively denies the biodiesel tax incentive on "splash and dash" transactions; (4) limits the biodiesel tax credit to fuels produced in the US for use in the US.

The bill nows moves to the US Senate where its prospects are uncertain.



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