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- Pacific Ethanol's Troubles Signal More Bankruptcies to Come
- Pacific Ethanol joined last week a growing list of biofuel producers hurt by the trifecta of low gasoline prices, higher corn and energy costs and the global credit crunch. The Sacramento-based company announced it had run out of cash, defaulted on $250 million of loans and faces bankruptcy...
- Blog posts 2009-04-07
Additional Resources
- Aventine Files for Bankruptcy; CEO Miller Points to RINs
- Aventine Renewable Energy filed for Chapter 11 bankruptcy protection on Wednesday, yet another ethanol producer to go down the bankruptcy road in recent months. Just yesterday - and yes prior to the filing -Â BNET noted the Pekin, Ill.-based company was the next likely suspect among ethanol producers...
- Blog posts 2009-04-08
- Oil Refiner Valero Plows More Money into Renewables with Terrabon Investment
- The ink has barely dried on Valero Energy's $477 million check for seven ethanol plants and a development site from bankrupt VeraSun and it's already investing more money into another renewable project. In this latest endeavor, Valero has become the lead investor in Terrabon, a company developing technology to convert trash from...
- Blog posts 2009-04-10
- NPRA Urges Congress to Avoid Additional Biofuels Mandates beyond Existing Federal Renewable Fuels Standard at Senate Biofuels Conference
- WASHINGTON -- Charles T. Drevna, Executive Vice President of NPRA, the National Petrochemical & Refiners Association, will participate tomorrow in the Senate Energy and Natural Resources Committee's Transportation Biofuels Conference. NPRA's statement is focused on the challenges refiners face integrating the use of biofuels into the national transportation fuel infrastructure.
- Research articles 2007-01-31
- U.S. EPA KICKS OFF PRELIMINARY DISCUSSIONS ON RFS IMPLEMENTATION
- U.S. EPA recently launched initial talks on implementation of the renewable fuels standard RFS enacted as part of federal energy legislation approved by President George W. Bush, sources tell OW.U.S. EPA recently launched initial talks on implementation of the renewable fuels standard RFS enacted as part of federal energy legislation...
- Research articles 2005-08-29
- Federal Action on Ethanol & Biodiesel Good for Farmers, Good For the Environment.
- SASKATOON, SASKATCHEWAN, Dec 20, 2006 CCNMatthews via COMTEX -- The Canadian Renewable Fuels Association today applauded new federal government action on the Renewable Fuel Standard to require ethanol and biodiesel blended fuel in Canada. "This is the best type of Christmas announcement. It sets...
- Research articles 2006-12-20
- Ethanol Makers Still Trying to Catch a Break from Banks, Debt Holders
- The Burrill Report submits: by MARIE DAGHLIAN A combination of lower oil prices and challenging financial markets continues to spell disaster for U.S. ethanol companies, with another 10 providers of this first-generation biofuel going belly up in the first five months of 2009. Among the latest was Pacific Ethanol PEIX,...
- External links 2009-06-07
- To Make Ethanol, Start with Sawdust, Chocolate and Used Diapers
- The morning email contained a rather calculated solicitation: a “Russian scientist†and a University of Iowa student had cooked up a fungus that translated into inexpensive cellulosic ethanolâ€"mandated by the federal government as part of the Energy Independence and Security Act of 2007. What’s more, 21 billion gallons of the...
- Blog posts 2009-07-20
- POET to Use Corn Cobs - Not Natural Gas - to Power Cellulosic Ethanol Plant
- POET has figured out what the rest of the corn-based ethanol industry has failed to grasp: relying on price-volatile fossil fuels to power its plants is bad for business. POET announced Wednesday it will use corn cobs -- specifically the liquid waste created in the cob-to-fuel conversion process -- to power its...
- Blog posts 2009-06-17
- AMENDMENT WOULD ALLOW STATES TO OPT-IN TO RENEWABLES
- The Senate energy bill S. 14 received intermittent consideration last week, overshadowed by a protracted and divisive debate on federal tax cuts. During the few hours Senators focused on energy, the renewable fuels standard RFS took the spotlight. Sen. Dianne Feinstein (D-Calif.) offered an amendment to S. 791, the fuels...
- Research articles 2003-05-19
- EU Imposes Five-Year Tariff on U.S. Biodiesel Producers
- U.S. biodiesel producers -- already suffering from low oil prices, weak domestic demand and a delayed Environmental Protection Agency mandate -- were hit Tuesday with a five-year tariff on exports to Europe. The European Union imposed a provisional tariff on imports of U.S.-made biodiesel back in March in response...
- Blog posts 2009-07-07
- OMB DOCUMENT REVEALS AGENCIES QUESTION RFS COSTS/BENEFITS
- While the Bush administration publicly supports expanding the use of ethanol, some in the administration believe the provision will increase prices at the gasoline pump, according to an internal Office of Management and Budget OMB document. Both the Council of Economic Advisers CEA and the Federal Trade Commission FTC believe...
- Research articles 2002-06-17
- WILL U.S. ENERGY BILL CUT OIL IMPORTS?
- A federal review of two major provisions expected to be part of the discussion of pending U.S. energy energy legislation -- oil exploitation of the Arctic National Wildlife Refuge ANWR and the renewable fuels standard RFS -- reveals minimal import oil savings. Based on estimates from the U.S....
- Research articles 2003-10-06
- GOV. RICK PERRY ON EPA DENIAL OF TEXAS' RFS WAIVER REQUEST
- Gov. Rick Perry Aug. 7 issued the following statement regarding the United States Environmental Protection Agency's EPA decision to deny Texas' request for a 50 percent waiver from the grain-based Renewable Fuels Standard: "I am greatly disappointed with the EPA's inability to look past the good intentions of this policy...
- Research articles 2008-09-01
- Wind Energy Report Suggests Huge Untapped Midwest Market
- A just-released annual report from the American Wind Energy Association shows that Texas remains the nation's top generator in both total and new wind energy, with total installed capacity and newly added generation of 4,446 megawatts and 1,618 megawatts, respectively, as of the beginning of the year. California remained the...
- Blog posts 2008-04-10
- Governors Push for Clean Energy Laws, Investments
- WASHINGTON, DC ENS — --> The nation's governors have adopted a set of federal energy legislative priorities that they would like the 110th Congress to enact. The National Governors Association, NGA, today urged Congress to expand the alternative fuels standard, enhance transportation fuel efficiency,...
- Research articles 2007-04-10
- RFA: ETHANOL'S AIR BENEFITS COUNTER OXY WAIVER REQUEST
- California has not shown that waiving the oxygen standard is in the best interest of air quality, and the state's request for a waiver should be denied, a powerful ethanol group said last week. The Renewable Fuels Association RFA made that comment Monday to the U.S. EPA, which is considering...
- Research articles 2004-05-31
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