Remove Gasoline Remove Grant Remove Oil Prices Remove Tax Credit
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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

Green Car Congress

Environmental Protection Agency drastically lowering the amount of cellulosic biofuel that must be blended into gasoline and diesel each year. In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices.

Tax 262
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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

Green Car Congress

As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies. Given the current blend limit of up to 15-percent ethanol in gasoline, a maximum of 19 billion gallons of ethanol can be consumed unless the number of flex-fuel vehicles increases substantially.

Renewable 252
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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

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. Transportation updates.

Gas 199
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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., Recent public policies in the United States and other countries have improved the prospects for initial commercialization of PEVs.

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