As 2013 dawned and Americans went about their holiday traditions on New Year’s Day, thoughts of fiscal drop-offs, higher taxes and less spending money were on the minds of many. In the late hours of Jan. 1 though, Congress passed the fiscal cliff bill, in which the $1 per gallon biodiesel tax credit was nestled retroactive back to Jan. 1, 2012, through Dec. 31, 2013. Clearly … [Read more...]
Sending in the Marines to Support Biofuels
The military has ambitious plans to move beyond oil and gas By Alex Morales and Louise Downing Fuels made from sources as diverse as plant waste, chicken fat, and old french-fry oil have been successfully used in diesel cars and trucks around the world. Soon, they may become a regular part of the fuel mix for U.S. fighter jets, tanks, and ships. The Army, Navy, Air Force, … [Read more...]
Biodiesel Industry Applauds Job-Creating Tax Legislation
U.S. biodiesel producers today thanked a bipartisan group of lawmakers in the House and Senate for introducing legislation to extend the biodiesel tax incentive for three years, a move that would support thousands of new U.S. jobs and spur economic growth across the country. Sponsors of the Senate bill introduced Thursday are Sens. Maria Cantwell, D-Wash.; Charles Grassley, … [Read more...]
The Time for Fischer-Tropsch
With the latest shale gas discovery in Texas (Eagle Ford Play) low cost natural should exist in the US for a long time. With the widening gap between crude and natural gas prices the time has come to build Fischer-Tropsch plants in the US that can produce naphtha, diesel and wax at a significant cost savings. … [Read more...]
Algae biofuels could significantly reduce oil imports
According to current US legislation, biofuels will play a major role in our transportation future. By 2022, the Energy Independence and Security Act dictates that over 10 percent of our current petroleum consumption be replaced by biofuels, with over half that quantity coming from something other than corn. Although ethanol produced from the cellulose in plant waste and … [Read more...]