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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Exxon See Growth in Alternative Energy

11.06.07

In a report that predicts steady growth in petroleum demand in the decades to come, Exxon Mobile also see rapid growth in alternatives fuel.

While petroleum oil is forecast to grow an average of 1.3% annually, alternative sources of energy such as wind, solar, and biofuel will grow by 9% per year, according to the oil giant.

Exxon says carbon dioxide emissions will rise at 2% a year, driven mainly by developing nations' heavy reliance on coal. This would push carbon dioxide emissions to about 37 billion metric tons a year from 27 billion tons in 2005.



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