Daily on Energy: Ethanol industry looks to the East

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 130 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

Daily on Energy: Ethanol industry eyes India and China ⚡ US ethanol industry leaders see immense promise in the fuel’s growth potential among the world’s most populous countries, where energy demand is ever increasing with economic expansion.

ETHANOL INDUSTRY EYES INDIA AND CHINA: U.S. ethanol industry leaders see immense promise in the fuel’s growth potential among the world’s most populous countries, where energy demand is ever increasing with economic expansion.

Ethanol imports into India for blending remain prohibited. That means U.S. producers can’t send it there for transportation fuel. But the U.S. does provide nearly all of India’s industrial grade ethanol. “It’s an opportunity we always keep an eye on, because it's a game changing marketplace,” ACE chief Brian Jennings said.

Welcome to Daily on Energy, written by Washington Examiner Energy and Environment Writers Jeremy Beaman and Breanne Deppisch . Email jbeaman@washingtonexaminer.com or bdeppisch@washingtonexaminer.com for tips, suggestions, calendar items, and anything else. If a friend sent this to you and you’d like to sign up, click here. If signing up doesn’t work, shoot us an email, and we’ll add you to our list.

“The workers who powered the last century of industry and innovation can power the next,” Energy Secretary Jennifer Granholm told reporters. Brownfield sites, areas in which a coal mine has closed after 1999, and areas in which a coal-fired power plant has been retired after 2009 are also defined as energy communities.

The court outlined a number of deficiencies with the WVDEP's certification, one of which was that it failed to give an adequate explanation for declining to perform a location-specific antidegradation review in the permitting process. The Clean Water Act requires states' water quality standards to adopt an antidegradation policy to weigh the pros and cons of a proposed activity that could degrade water quality.

Sen. Joe Manchin, who sought with his permitting legislation last Congress to unilaterally approve MVP and to remove litigation against the project from the 4th Circuit to the D.C. Circuit, complained about the setback in a statement circulated this morning that said the court sided with activists “who seem hell-bent on killing any fossil energy that will make our country energy independent and secure.

The lawsuit filed by Alaska Wilderness League and other groups is one of at least two filed in the days after the Bureau of Land Management approved Willow last month. “It is entirely unacceptable that the actions of a foreign energy cartel, OPEC, would have a direct effect on how much we as Americans pay for gas,” Rep. Bob Latta, an Ohio Republican and senior member of the House Energy and Commerce Committee, said in a statement.

UPWARD PRESSURE ON GAS PRICES IS EXPECTED: And while gas prices aren’t expected to rise to the record-high levels seen last summer, analysts said the OPEC+ cuts could cause prices to increase by as much as 30 cents per gallon.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Criminal Indictment of Donald Trump Released, 34 Business Fraud FeloniesThe full indictment of Donald Trump has been released. It charges the former president with 34 counts of business fraud. See potential bias and similarities in reporting from dcexaminer, CNBC, and thedailybeast: dcexaminer CNBC thedailybeast The piling on just makes the government look worse.
Source: AllSidesNow - 🏆 572. / 51 Read more »

Stock Market Today: Dow up 300 points as energy shares jump after OPEC+ oil production cutsMarketWatch Live: Dow up 300 points as OPEC+ quota cut ignites energy shares This is great news! Oil prices will likely come down, which will benefit consumers in the long run.
Source: MarketWatch - 🏆 3. / 97 Read more »