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RSSArchive for June, 2008

Mascoma finalizing Michigan deal to build its first commercial scale ethanol plant

In Michigan, Mascoma is finalizing negotiations with the state government to locate its first commercial-scale plant in Chippewa county. The state has pledged $15 million towards the project, which will cost more than $250 million. The company also announced that J.M. Longyear will become a joint venture partner in the project. Longyear is a major [...]

Kansas State team receives NSF grant for ocean-based algae cultivation research

Kansas State University researchers have received a $98,560 Small Grant for Exploratory Research from the National Science Foundation to carry out a study on the potential for algae grown on solid carriers in the open ocean. Solid carriers float on the ocean surface and provide a nexus for algae to grow. The study will simulate [...]

Louisiana Advanced Biofuel Industry Development Initiative becomes law; will support fuels produced from La. crops with higher than 600 gpa yields

In Louisiana, state governor Bobby Jindal signed the Advanced Biofuel Industry Development Initiative, that will provide support for the development of ethanol from Louisiana crops that yield a minimum of 600 gallons of fuel per acre. The legislation includes a pilot programs for hydrous ethanol pilot program: the United States has traditionally manufactured anhydrous ethanol, [...]

Omnia Group invests $3 million in Zambian jatropha research

In Zambia, the Omnia group will invest $3 million in jatropha research, saying that the imperative to develop alternative fuels is stronger in landlocked Zambia than neighboring South Africa, and said that the company hopes to understand as much as possible about rh nutrients required by jatropha so that it can develop and sell better [...]

Uproar in East Timor over plant to give 16 percent of arable land to sugar and ethanol project

In East Timor, opposition parties are protesting over a decision by the government to give a 50-year lease on 247,000 acres to Indonesian company GTLeste Biotech for a sugar plantation and ethanol mill. The opposition dismisses government claims that the land involved was unproductive, noting that it can support sugarcane cultivation, and says that the [...]

South Carolina passes law to allow local distributors to blend ethanol, capture tax credit, pass savings to consumers

In South Carolina, state lawmakers passed legislation over a gubernatorial veto requiring oil companies to provide pure gasoline to state-based distributors, saying that local companies would capture the ethanol tax credit and pass the savings on to consumers. “What the oil companies attempted to do is a travesty to the consumers of South Carolina,” Sen. [...]

Alternative Energy Sources to shut down operations

In Missouri, Alternative Energy Sources will shut down this week after failing to find financing for its proposed 110 Mgy corn ethanol plant in Boone County, Iowa. The company had attempted to expand its operations into consultancy to avoid the shut down.
In April, Alternative Energy Sources filed a $1.65 million suit against Florida attorney Louis [...]

Biofuels Digest Index falls 2.36 percent to all-time low of 90.16 as oil passes $140

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 2.36 percent  to close at an all-time low of 90.16 as ethanol and agribusiness stocks tumbled amidst a sharp general market downturn on fears over the economy.  For the day, Archer Daniels Midland (ADM) fell 2.36 percent to $32.51, while VeraSun Energy fell [...]

Biofuels Digest Columnists

Jim Lane. Get behind the headlines with the editor of Biofuels Digest.
Sean O’Hanlon. Straight talk and perspective from the founder and Executive Director of the American Biofuels Council.
Will Thurmond. Market trends and insights on algae, jatropha, bio-crude and more from the author of Biodiesel 2020.

Energy Information Administration releases 2030 international outlook; European biodiesel association revises ‘08 forecast

Two key projections were released yesterday. The new International Energy Outlook to 2030 was released by the US Energy Information Administration that showed biofuel production doubling by 2030 while CO2 emissions rise 42 percent. Also, a near-term forecast from the European Biodiesel Board said that European production will increase 17 percent in 2008 and capacity [...]