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BP Biofuels CEO presents sugar-based visionGrowing biofuels mandates will require 220 "world-scale" cellulosic biofuels plants to be operational in the U.S. by 2020, according to Phil New, CEO of BP Biofuels. The head of the oil giant's biofuels division presented his company's vision for the future of biofuels at a recent International Sugar Organization gathering in London.READ MORE Legislators battle it out over VEETC extensionWith such a short time remaining in the lame duck session, legislators on both sides of the aisle are making their feelings on the Volumetric Ethanol Excise Tax Credit known.READ MORE U.S. ethanol is officially partner of NASCARIn preparation for the 2011 season and as part of its long-term commitment to "going green," the National Association for Stock Car Auto Racing (NASCAR) announced a major long-term partnership with American Ethanol led by ethanol advocacy group Growth Energy.READ MORE CRFA attendees focus on next-gen bioindustryAttendees of the 7th annual Canadian Renewable Fuels Summit, held Nov. 29 - Dec. 1 in Gatineau, Quebec, spent much of the three-day event discussing a comprehensive path forward for the Canadian biofuels industry. It was acknowledged by most speakers and attendees that first-generation support is necessary to spur advanced biofuels development and a robust advanced biofuels and bioproducts industry is required if Canada is to achieve the summit's goal of "Growing Beyond Oil."READ MORE CRFA unveils Canadian industry report cardThe Canadian Renewable Fuels Association released an industry report card during its 7th annual Canadian Renewable Fuels Summit, held Nov. 29-Dec. 1 in Gatineau, Quebec, highlighting the nation's recent successes and offering an outlook for biofuels progress in Canada.READ MORE Reactions vary on RFS2 levels for 2011It wasn't a shock that the U.S. EPA finalized cellulosic biofuel volume requirements for the 2011 renewable fuel standard (RFS) were much lower than what was originally mandated by law. The final rule set the requirement for cellulosic biofuel at 6.6 million gallons and left the overall target at 13.95 billion gallons. Some say the EPA is making sure that the cellulosic ethanol produced will be blended into the fuel chain by obligated parties. What's needed is policy that give investors more certainty.READ MORE EPA finalizes 2011 RFS volumesOn Nov. 29, the U.S. EPA finalized the volume requirements for next year's renewable fuel standard (RFS), reducing the requirements for cellulosic biofuels while maintaining the overall volume requirement. The EPA said in the final rule it has determined that 6.6 million gallons of cellulosic biofuel, equivalent to 6 million gallons of ethanol, is a high enough target to provide incentive for growth within the industry but low enough to balance the uncertainty surrounding actual production levels.READ MORE |
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