EPA Approves 28% Increase in Biodiesel Mandated for 2013
September 19, 2012 8:43 AM
comment(s) - last by
Biodiesel producers rejoice at new mandate for 2013
The renewable energy industry is applauding President Obama and the U.S. Environmental Protection Agency after the EPA approved a 28% increase in the amount of biodiesel mandated for use in trucks on the nation's highways for 2013. Biodiesel is made in a process that uses soybeans, while the production of ethanol is based on corn.
The president of the Iowa Renewable Fuels Association, Brad Albin, said, "I want to thank President Obama and his staff for listening to our concerns and recognizing the value and potential of America’s Advanced Biofuel—biodiesel.”
The biodiesel industry is celebrating because unlike mandates for the use of ethanol in the nation's fuel set forth in the 2007 Renewable Fuels Act, biodiesel didn't have a mandate until last year. That mandates set a goal of 800 million gallons. The new mandate for 2013 has been expanded to 1 billion gallons, and fell short of the 1.28 billion gallons that biodiesel producers wanted.
“This was an incredibly important decision, and the Obama Administration got it right,” said Joe Jobe, CEO of the National Biodiesel Board, the industry trade association.
“It will allow biodiesel plants across the country to invest and expand, creating thousands of jobs. At the same time, it sends a strong signal that the U.S. is standing firm behind its commitment to producing clean, American-made energy to strengthen our energy security and break our dependence on petroleum.”
When the mandate was introduced in 2011 at 800 million gallons, it helped prevent the closure of several of the nation's biodiesel plants.
Ethanol production has come under fire for
driving up prices
on the food crop, however, there is no indication that the same will happen for soybeans.
This article is over a month old, voting and posting comments is disabled
9/20/2012 5:24:51 PM
You don't have a clue do you. The $4 you are seeing at the pump is not the raw ingredients cost that you are comparing to biodiesel. There is an average of $.47 / gallon of stand and federal fuel tax in that $4 you see.
So the cost of producing normal diesel is closer to $3.50, and bio would be closer to $4.83. So no biodiesel is not even close to a viable option.
And don't even start with an argument that points to a subsidized (aka lower) tax rate on biodiesel, as that is just shifting numbers to support a flawed logic. Suppose there were no tax on biodiesel, you would have to raise taxes elsewhere to recoup the massive shortfall in revenue, or cut spending (yah right!!).
Look people there is a reason why Big Oil is so damn BIG, and it has nothing to do with conspiracy. Fact is good ole petroleum and coal are still far and away the logical source of energy on this planet. Any delusions you have that these propped up "green" alternatives are anywhere close to competitive, borders on pathological denial or flat out ignorance.
Not even are they not in the ballpark, they are at home on the couch unaware the game is even being played. Yes quite literally they are that far from being anything more than a niche.
"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation
EPA's Corn Ethanol Quotas Could Spell Death for Cattle Farms
August 3, 2012, 6:44 PM
Ford, Toyota, and Universal Pictures Celebrate "Back to the Future Day' in Style
October 21, 2015, 4:19 PM
Consumer Reports Flexes Muscle, Hits Slumping Tesla Motors Stock
October 20, 2015, 4:13 PM
Debunked: Beneath the Lies, Nigerian "Pee Generator" Is Still Pissing Into the Wind
October 19, 2015, 7:53 PM
Hot Air? President Obama, G7 Pledge to Eliminate Most Fossil Fuel Use by 2100
June 8, 2015, 5:40 PM
Study Predicts Self-Driving Vehicles Could Rake in Billions
March 6, 2015, 8:34 AM
Dual-Motor Tesla Model S P85D's "Insane Mode" Shocks Passengers
January 28, 2015, 11:18 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information