Biofuel production and other alternative fuel updates.
U.S. oil refiners won a big victory in a recent U.S. Internal Revenue Service (IRS) tax ruling, which declares that they can claim a $1/gallon tax credit for running vegetable oils or animal fats through a distillate hydrotreater, creating a pure-hydrocarbon renewable-fuel blendstock that’s far superior to conventional biodiesel fuel. The [...]
The Inter-American Development Bank released a report recently highlighting the potential of green energy throughout Brazil and the rest of Latin America. So much so, in fact, that its Private Sector Department is structuring senior debt financing for three Brazilian ethanol production projects at a total cost of $570 million. [...]
Apr. 2–Gas station attendants don’t usually boast doctorates. So why does Ilya Goldberg, a genetics researcher at the National Institutes of Health, spend his Saturdays hanging out beside a fuel pump, filling up cars? Because it’s not gasoline. It’s biodiesel, a fuel pressed from soybeans. And Goldberg is one of 50 [...]
Vauxhall is the latest van manufacturer to consider going down the biodiesel route, with the news that it is to trial a 30% blend of the fuel. A number of Movano and Vivaro vans will run on biodiesel as Vauxhall investigates the potential for the fuel in the UK. Vauxhall may [...]