In North Carolina, former state Environmental and Natural Resources Department lobbyist Boyce Hudson pleaded guilty to accepting $200,000 in bribes from Agri-Ethanol Products to fast-track a permit for the company, which used the deal to fast-track its capital-raising activities. Hudson faces up to 30 years in prison and a $500,000 fine. The company was ultimately unsuccessful in its bid to raise more than $200 million in financing.
Entry Information
Related Stories
Former North Carolina official sentenced to 40 months in prison, $50K fine, over ethanol permit bribeIn North Carolina, a former state Environment and Natural Resources Department official has been sentenced to 40 months in prison and a $50,000 fine for extortion and money laundering. Boyce Hudson, w...
North Carolina biofuel meltdown as all but two development projects closed downIn North Carolina, only two biofuel projects are still moving forward after a series of cancellations due to financing issues have stymied North Carolina's drive for biofuels leadership. The Clean Bur...
Proposed 30 Mgy ICB biodiesel plant in North Carolina signs 3-year deal for all its fuelIn North Carolina, the proposed 30 Mgy International Coastal Biofuels biodiesel plant in Wilmington has received a a letter of intent from Eco-Energy for the purchase of its entire biodiesel output fo...
Colorado corrections officials propose biodiesel operations at prison farmsIn Colorado, state prison officials are examining options to add biodiesel operations to state diaries and farms that are managed by the Colorado Corrections Industries and provide food, work and trai...
East Coast Ethanol abandons proposed ethanol project in North CarolinaIn North Carolina, East Coast Ethanol has canceled plans to develop an ethanol plant in Selma. The company withdrew an application for re-zomning. but did not announce the reasons for the decision.
...
American Petroleum Institute and NPRA sue to block NC law that would permit local retailers to blend ethanolIn North Carolina, the American Petroleum Institute and the National Petrochemical and Refiner's Association filed suit in US District Court to overturn the North Carolina Blending Act, which requires...
