Remove Oil Prices Remove Parts Remove Tax Credit Remove Waste
article thumbnail

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
article thumbnail

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.

article thumbnail

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
article thumbnail

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% billion, a 10-year low; biomass and waste-to-energy dropping 10% to $8.4 Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year.

2014 150