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Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs. Based on Delek’s ownership interest in AltAir Paramount, LLC the transaction should result in expected proceeds to Delek of approximately $72.0 Delek US Holdings, Inc. Delek US Holdings, Inc.

Renewable 150
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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

This concept is often called “additionality.” by enacting a carbon tax or setting emission limits for each source type (“command-and-control)—the option to use offsets is generally discussed in the context of a cap-and-trade regime. Mr. Donovan drafted the “Advanced Biofuel Industry Development Initiative” for the State of Louisiana.