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The Cantwell-Grassley Biodiesel Tax Reform and Extension Legislation
Posted August 12, 2009

 

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National Biodiesel Conference
February 4-7, 2013 - Las Vegas Nevada


Senators request immediate RFS2 implementation for biodiesel industry

A group of 24 senators led by Sen. Kent Conrad (D-ND) and Sen. Chuck Grassely (R-IA) sent a letter to President Barack Obama asking for immediate action on the biomass-based diesel provisions of the renewable fuels standard (RFS2) either by Executive Order or through U.S. EPA action. "Given the significant delays associated with RFS2 implementation, the precarious state of the U.S. biodiesel industry and the volume goals established by statute for biomass-based diesel, we believe this matter must be addressed immediately," the Aug. 6 letter stated.READ MORE

Camelina-jatropha biofuel powers hydroplane test

Another round of biofuel testing was accomplished in a Boeing U-787 hydroplane in demonstration test runs conducted at the Chevrolet Cup, part of Seattle's Seafair held July 31 through Aug. 2. Seattle-based Targeted Growth Inc. supplied the camelina oil that comprised 85 percent of the biofuel which also included 14 percent jatropha oil and about 1 percent algae oil. UOP LLC, a Honeywell company, processed the fuel. The same biofuel mixture helped to power the test flight of a Japan Airlines Boeing 747-300 in January.READ MORE International Fuel Ethanol Workshop

EPA releases peer review of RFS2 modeling

The U.S. EPA released the peer review findings Friday, Aug. 7, on the lifecycle analysis for the proposed rule to implement the expanded renewable fuels standard. The EPA announced the lifecycle analysis, which includes controversial international indirect land effects, would be peer reviewed when the proposed standards were released in May.Four panels were assembled to review the EPA's methodology regarding satellite imagery and emissions factors, its approach to accounting for lifecycle greenhouse gas emissions from biofuels over time, international agricultural GHG emissions and GHG emission modeling for increased biofuel production.READ MORE

New biodiesel system could have far-reaching implications for U.S. military

Six years of work between the U.S. Navy and Biodiesel Industries, along with the more recent addition of the aerospace and defense company Aerojet, has culminated in the development of a high-tech, automated, portable biodiesel production unit controllable by remote. The name given to this new development is ARIES, which stands for Automated, Real-time, Remote, Integrated Energy System.READ MORE

Industry responds to biodiesel tax reform proposition

The National Biodiesel Board said last week that the Biodiesel Tax Incentive Reform and Extension Act, a piece of legislation introduced to the U.S. Senate last week by Sens. Charles Grassley (R-IA) and Maria Cantwell (D-WA), is a "common sense" proposal that will bring stability and reliability to the marketplace by extending the tax incentive for five years. As industry leaders responded to Biodiesel Magazine's questions about the proposed changes, some positively disagreed with NBB's applause of the measure in Washington to not only extend benefits but convert from the blenders excise tax credit to a producer's excise tax credit.READ MORE

BP invests $10 million in Martek algae collaboration

BP Amoco Plc is collaborating with Martek Biosciences Corp., a company with over 20 years of experience growing algae for the nutritional supplement market, in the latest bid to bring large-scale algae biofuels to commercialization. Under the terms of the multi-year agreement, the two firms will work together to establish proof of concept for large-scale, cost-effective microbial biodiesel production through fermentation, according to the joint announcement.READ MORE
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