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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

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. —Miller et al.

Tax 262
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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

Green Car Congress

The Obama Administration is proposing a three-part strategy that supports electric vehicle manufacturing and adoption through improvements to tax credits in current law, investments in research and development (R&D), and a new competitive program to encourage communities to invest in electric vehicle infrastructure.

2015 210
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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.

2010 256
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GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

Green Car Congress

As part of the report, which was requested by Senators Barbara Boxer (as Chair of the Senate Committee on Environment and Public Works) and Susan Collins, the GAO makes several recommendations to Congress and for executive (i.e. Federal tax credits, the RFS, and the ethanol tariff have primarily supported conventional corn starch ethanol.

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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

In 2005, Congress enacted the Renewable Fuel Standard as part of the Energy Policy Act (EPAct) and amended it in the 2007 Energy Independence and Security Act (EISA). As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies.

Renewable 252
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Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

Green Car Congress

Cellulosic biofuels can compete with oil at $90/bbl without subsidy assuming: average conversion yield of 91 gallons per dry ton of biomass; average conversion plant capital expenditure of $3.60 Sensitivity analyses varying these assumptions individually gave potential cost-competitiveness with oil priced at $70/bbl to $120/bbl.

GM 170
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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

annually) is a result of the rate of economic recovery and prolonged high unemployment rates in the early part of the projection. The generation share from renewable resources increases from 11% in 2009 to 14% in 2035 in response to Federal tax credits in the near term and State requirements in the long term.

Gas 199