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

CPO Prices Soften

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...

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Flex-Fuel Cars Are 85% of New Sales in Brazil

10.09.07

Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales. By 2020, Petrobras expects these cars to make up 72% of Brazil's light-vehicle fleet, up from 13% in 2006.

By 2020, Brazilians will consume more ethanol than gasoline because flex-fuel cars will dominate the country's car fleet, according to Sergio Gabrielli, CEO of Petrobras. Flex-fuel can run on any mixture of gasoline and ethanol. Gasoline cars are expected to shrink to 13% from 71% over the same period.



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