The EPA is proposing to lower the 2014 RFS biofuel blending mandate by 1.4 billion gallons, from the statutory mandate of 18.21 billion gallons to 15.21 billion gallons.  While a study by the Environmental Working Group (EWG) concluded that reducing the biofuel target would reduce emissions by the equivalent of taking 580,000 cars off the road,[i] a study conducted by Biotechnology Industry Corporation found that reducing the target would add greenhouse gas emissions equivalent to placing...
Continue Reading...

Array

The EPA is planning to set an unrealistic target for cellulosic biofuel production for the 5th year in a row, although the final rule will be postponed until late summer due to an extension of the 2013 deadline for refiners to meet renewable fuel blending requirements from June 30 to September 30. Last year, EPA proposed adjusting the 2014 Renewable Fuel Standard (RFS) cellulosic target to 17 million gallons (15.21 billion gallons of total renewable), down from the original 1.75 billion...
Continue Reading...

WASHINGTON – American Energy Alliance President Thomas Pyle sent a letter today to House Leadership congratulating the newly elected Majority Leader Kevin McCarthy and Majority Whip Steve Scalise. The letter also urges them to remain opposed to an extension of the recently expired Wind Production Tax Credit (PTC). AEA also ran a full page ad in today's edition of Politico as part of a broader paid initiative that includes digital and social media. Excerpts from the letter:

The...

Continue Reading...

Array

The U.S. oil boom is helping U.S. manufacturers, including refiners, by producing low-cost energy to help American companies compete in a global economy. The latest example of this is a recent report by the Energy Information Administration (EIA) that compares the profitability of American and European refiners over the past 10 years. EIA’s analysis shows that over the last three years American refiners have reported considerably higher profits than their European counterparts due to lower...
Continue Reading...

Continue Reading...

Array

Continue Reading...

The Global Warming Policy Foundation (GWPF) has caught the German government distorting the latest IPCC’s report on the effectiveness of “green” energy subsidies. The whole episode is just another example of how broken the IPCC process is. When it suits a group’s policy desires, they will quote from the IPCC. When the peer-reviewed science doesn’t support their desired positions, well, they’ll simply report the exact opposite—and still claim “the consensus” on their...
Continue Reading...