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

Green Car Congress

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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SK Innovation Q2 profit tops forecast, battery unit eyes EV demand recovery – ET Auto

Baua Electric

Analysts say rising oil prices benefited the company’s petrochemical business, helping to offset losses from its battery unit SK On, which has been facing weaker electric vehicle (EV) battery demand. However, it maintained its previously announced target to breakeven in the second half of this year.

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Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

For example, adding a biofuel subsidy with a consumption mandate fails to increase ethanol consumption but instead subsidizes oil consumption. A more effective policy would rely on specific taxes and subsidies targeted directly at achieving specific environmental, energy and agricultural policy goals, according to the study.

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

The opinions expressed in this article do not necessarily reflect those of these organizations.]. That’s where government comes in.only the government can help influence [change] by having a price for carbon and technical incentives. ”. The fear that a carbon tax is unworkable must be overcome.

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Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

Green Car Congress

Taxes don't go away and then there's debt. That’s just the United States. And markets won’t wait to adjust pricing until we hit a balance. There will be some foreshadowing in oil prices here. Each of the 3 stages needed to move to a sustainable price have to be given time to play out.