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Senate bill introduced to spur biofuels growthSens. Amy Klobuchar, D-Minn., and Tim Johnson, D-S.D., introduced new legislation on July 14 with the goal of bolstering the energy sector. Among other things, the Securing America’s Future with Energy and Sustainable Technologies Act, calls for a long-term extension of tax credits for ethanol and biodiesel, incentives for infrastructure and targets for advanced vehicle technologies. MOREGrowth Energy proposes shift in fuel policyWith the Volumetric Ethanol Excise Tax Credit, set to expire at the end of the year, Growth Energy is calling for a change in the way ethanol tax incentives are used and an eventual phase out of governmental support of ethanol. MORE BP buys out Verenium for $98 millionVerenium Corp. announced today that BP Biofuels North America will acquire all of its cellulosic biofuels interests for $98.3 million. The sale includes the pilot- and demonstration-scale cellulosic ethanol facilities in Jennings, La., the research and development facilities in San Diego, and all of the company’s cellulosic enzyme technology. MOREEPA slashes 2011 cellulosic estimatesAfter evaluating the market availability of cellulosic biofuels, the U.S. EPA is proposing to lower the 2011 cellulosic biofuels volume target initially established in the Energy Independence and Security Act of 2007 (EISA) by as much as 24 million gallons. MOREADM Columbus plant marks official openingAlthough the newest Archer Daniels Midland Co. ethanol plant has been operating for a while, the company recently held a ribbon cutting ceremony to commemorate start-up. Various ADM employees and state government officials attended the July 9 event in Columbus, Neb. MORERace cars run faster, cleaner on ethanolA group of automotive researchers from the U.S. DOE, Argonne National Laboratory and industry have shown that a fuel-injected racing car engine fueled by E-85, an ethanol-based fuel, outperforms the same engine with a carburetor and leaded racing fuel. MOREGAO report highlights loan guarantee flawsIn response to a Congressional mandate requiring it to conduct a review of the U.S. DOE’s loan guarantee program, the Government Accountability Office has completed an evaluation of the program and released a report outlining its findings. Several serious flaws were identified with the program, including evidence that the loan process is being implemented inconsistently and that nuclear projects are favored over other proposals. MORE |
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