NATIONAL
February 3, 2010 | By Jim Tankersley
The Obama administration today will unveil a revamped strategy to ramp up the nation's use of biofuel in hopes of fixing a government effort that officials admit has fallen short in its attempts to wean cars and trucks away from fossil fuels and move toward ethanol, biodiesel and other crop-based fuels. The new strategy, which the president will outline in an afternoon meeting with Cabinet secretaries and his top energy advisor, seeks to put the United States on track to produce 36 billion gallons of biofuels by 2022 -- the amount mandated by Congress in the 2007 energy bill.
BUSINESS
February 3, 2010 | By Jim Tankersley
The Obama administration gave a boost to the corn and coal industries Wednesday, announcing a series of moves to accelerate biofuel use and deploy so-called clean-coal technology on power plants. Unveiling the actions in a meeting with energy-state governors at the White House, President Obama said the steps would create jobs in rural areas, reduce foreign energy dependence and curb the emissions that scientists blame for global warming. "It's important for us to understand that in order for us to move forward with a robust energy policy," Obama said, "we've got to have not an either/or philosophy but a both/and philosophy -- a philosophy that says traditional sources of energy are going to continue to be important for a while, so we've got to just use technologies to make them cleaner and more efficient."
BUSINESS
November 19, 2009 | Steven Mufson, Mufson writes for the Washington Post.
The nation's largest producer of corn-based ethanol said it had slashed the cost of producing cellulosic ethanol from corncobs and that it would be able to compete with gasoline in two years. Poet, which currently produces 1.5 billion gallons a year of ethanol from corn, said its 1-year-old pilot plant has reduced the cost of making ethanol from corncobs to $2.35 a gallon from $4.13 by cutting capital costs and using an improved "cocktail" of enzymes. Moreover, the company said it could use a byproduct called lignin as fuel and that it would provide all the energy needed for the cellulosic plant as well as 80% of the energy that would be needed by a conventional corn-based distillery making twice the amount of ethanol.
BUSINESS
November 18, 2009 | By Steven Mufson
The nation's largest producer of corn-based ethanol said it has slashed the cost of producing cellulosic ethanol from corncobs and that it would be able to compete with gasoline in two years. Poet LLC, which currently produces 1.5 billion gallons a year of ethanol from corn, said its 1-year-old pilot plant has reduced the cost of making ethanol from corncobs to $2.35 a gallon from $4.13 by cutting capital costs and using an improved "cocktail" of enzymes. Moreover, the company said it could use a byproduct called lignin as fuel and that it would provide all the energy needed for the cellulosic plant as well as 80% of the energy that would be needed by a conventional corn-based distillery making twice the amount of ethanol.
BUSINESS
November 4, 2009 | Chris Kraul
Who could resent the attention being showered on electric cars? Stylish and clean, they're the darling of the renewable-energy crowd, which is hailing the scheduled rollout of several e-powered models next year as a major blow against global warming. Well, Eduardo Leao, for one. He's executive director of the Brazil's largest sugar industry association, called UNICA, and he insists that cane-based ethanol produced in massive quantities by his members is a better alternative fuel for the environment than electricity.
NATIONAL
May 6, 2009 | Jim Tankersley
The Obama administration on Tuesday proposed renewable-fuel standards that could reduce the $3 billion a year in federal tax breaks given to producers of corn-based ethanol. The move sets the stage for a major battle between Midwest grain producers and environmentalists who say the gasoline additive actually worsens global warming.