article thumbnail

EIA: US renewable diesel capacity could more than double through 2025

Green Car Congress

EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel tax credits. The “Inflation Reduction Act” extended the biomass-based diesel tax credits through 2024.

Renewable 195
article thumbnail

Opinion: Everyone Is Guessing When It Comes To Oil Prices

Green Car Congress

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

article thumbnail

America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

lithium operation – a small mine operated by Albemarle – has taxed minerals for more than 100 years, but at a rate based on each facility’s revenue. The path is even murkier for water that is extracted alongside crude oil. Nevada, which has the only commercial U.S.

article thumbnail

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

Incremental well-to-wheels GHG emissions from WCSB Oil Sands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. Domestic production of crude oil has increased significantly, from approximately 5.5 That portion of the pipeline has already been built. million bpd in 2010 to 6.5

Oil-Sands 220
article thumbnail

Keystone XL Pipeline application denied; Obama says not a judgment on merits of the pipeline

Green Car Congress

The proposed pipeline was to carry oil sands crude from Canada to the US Gulf Coast. I’m disappointed that Republicans in Congress forced this decision, but it does not change my Administration’s commitment to American-made energy that creates jobs and reduces our dependence on oil.

Obama 231
article thumbnail

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

article thumbnail

Your Greenius Earth Day Reality Check: Waiting For The Magic Bullet

Creative Greenius

You can go to events where you recycle your old paper tax records, your motor oil, your cellphone, computers and other electronics. . They act like we can just file for an extension if we miss the tax deadline. So what am I doing today for Earth Day 2012? La Di Da. . La Di Da.