Alternatives to RIN price cap stirring in Washington
Oil-state Sen. Ted Cruz captured President Trump's attention two weeks ago with his dramatic proposal to ease the cost of the ethanol mandate on refiners: A price cap on RINs, the credits that refiners buy if they don't blend enough biofuel into gasoline. Farm groups and ethanol makers say Cruz's idea would be a disaster for them, and now some alternative ideas are getting a hearing.
Fuel made from ‘forest residuals’ powers Seattle-to-DC flight
Using a 20 percent blend of alternative jet fuel produced from wood, Alaska Airlines sent a passenger flight across the United States from Seattle to Washington's National Airport in a breakthrough for bio-energy. The airline said the alternative fuel, made from "forest residuals" remaining after timbering, produces from 50-80 percent fewer greenhouse gases than petroleum fuel when calculated on a life-cycle basis.
Destroyer is first U.S. Navy ship using alternative blend fuel
Navy Secretary Ray Mabus and Agriculture Secretary Tom Vilsack took part in a ceremony in Coronado, California, for the Great Green Fleet, an initiative that uses energy-efficient devices and alternative fuels to extend the operational range of U.S. warships.