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RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

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The agreement runs through 2024, with first delivery expected in 2017. Red Rock’s first refinery, funded in part by a $70-million Title III DPA grant from the U.S. Earlier post.). Departments of Agriculture, Energy and Navy, is scheduled to break ground this fall in Lakeview, Ore. —Terry Kulesa, co-founder and CEO of Red Rock.

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Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

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Additionally, other tree parts go to waste when only the trunk is used, making the process more inefficient and wasteful. We have the environmental incentives to produce fuels and chemicals from renewable resources, but right now, they aren’t enough to compete with low oil prices. That’s the problem. Chang Dou, Devin S.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Click to enlarge.

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