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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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World ethanol and biodiesel production, 1975-2010. Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. Source: Worldwatch Institute. Click to enlarge. —Sam Shrank. Sugarcane ethanol supplies 41.5%

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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

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In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices. The study identified four specific changes to the US tax code that could help accelerate the commercialization of second-generation biofuels.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. Click to enlarge. An explosion of hybrid sales in Japan.

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

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Conventional hybrid electric vehicles (HEVs) have been on sale in the US for more than ten years; new vehicle hybrid sales in 2010 were approximately 2.5%. EV consumer demand —“One Million Electric Vehicles by 2015” Basis. To reach the one million vehicle goal, plug-in EVs will need to average just under 1.7% Earlier post.).

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National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

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As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies. Moreover, nutritional and other income assistance programs are often adjusted for changes in the general price level.

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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Among the transportation-related updates going into AEO2011, the EIA increased the limit for blending ethanol into gasoline for approved vehicles from 10% to 15%, as a result of the waiver granted by the US Environmental Protection Agency (EPA) in October 2010.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

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Tokyo-based Honda plansstarting producing the vehicles in late 2010. “We Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Oil prices are going to go up. millionthis year from $211.9

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