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Senators Push for New Fuel Standards

URL: http://www.rrstar.com/apps/pbcs.dll/article?AID=/20060621/BUSINESS04/106210020 Website: http://www.rrstar.com/apps/pbcs.dll/article?AID=/20060621/BUSINESS04/106210020     

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Cape Wind Roadblock Removed

URL: http://www.planetark.com/dailynewsstory.cfm/newsid/36956/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/36956/story.htm     

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An Ear for the Ethanol Market

By David Morris, June 21, 2006 MINNEAPOLIS – Congress is considering several bills to extend the 51-cent-per-gallon tax credit for ethanol producers beyond its 2010 expiration date. But let’s hope that our elected representatives don’t make their decision in the grips of an ethanol haze. The state of the ethanol industry changed so substantially since the last extension, one year ago, that a fundamental and clearheaded redesign is in order. Sky-high oil prices and a national ethanol mandate have undermined the rationale for incentives. With oil at $60 a barrel, ethanol can compete with gasoline without federal subsidies. For much of 2005, oil prices approached or surpassed the $60 level. In recent months, they’ve hovered near $70. Last year, Congress ordered a near doubling of ethanol sales by 2012. Industry has responded so rapidly that the nation may have enough capacity to meet the Congressional goal by 2008. Indeed, Congress is already debating measures to increase mandated levels to 10 billion gallons in 2010 and 30 billion in 2020. If the current 51-cent-per-gallon tax credit remains in place, these mandates would cost the Treasury Department $5 billion in 2010 and more than $15 billion in 2020. In the face of […]

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New Hampshire May Get First Wood-Burning Turbine

URL: http://www.unionleader.com/article.aspx?headline=Jaffrey+pellet+firm+practices+what+it+preaches&articleId=54bc7cdb-5173-4405-b8e3-1c842b900da8 Website: http://www.unionleader.com/article.aspx?headline=Jaffrey+pellet+firm+practices+what+it+preaches&articleId=54bc7cdb-5173-4405-b8e3-1c842b900da8     

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Weekly Clean Energy Roundup:June 21, 2006

News & EventsBP Commits $500 Million Over 10 Years to Support Biofuels Louisiana Passes a Renewable Fuel Requirement California Lays Down the Welcome Mat for Renewable Energy Projects Idaho Power Seeks 100 Megawatts of Geothermal Power Researcher Wins Major Technical Prize for His Work on LEDs Canadian Team Achieves 3,415 mpg in Supermileage Competition Energy ConnectionsEIA Forecasts Large Growth in World Energy Demand through 2030 News and EventsBP Commits $500 Million Over 10 Years to Support BiofuelsBP announced last week that it plans to spend $500 million over the next ten years to establish a biosciences research laboratory dedicated to energy technologies. According to BP, the new BP Energy Biosciences Institute will initially focus on developing new biofuels, improving the efficiency and flexibility of ethanol and biodiesel, devising new technologies to convert a greater proportion of crops into biofuels, and developing plants that produce more energy molecules (such as oils, starches, and sugars) and can be grown on land not suitable for food production. BP is currently in discussions with several leading universities to identify which could host the new research laboratory and plans to launch its research programs by the end of next year. BP chief executive Lord Browne […]

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