Biofuels market value to double to $185.3 billion in ten years

Filed under: Biodiesel, Ethanol
Will there be enough feedstock to support a massive biofuel boom? It sure seems possible, ’cause Pike Research predicts that the value of the biofuels industry could double in the next ten years, depending on the emergence of advanced feedstocks.
Motivated, mainly, by concerns about energy independence and climate change, at least 38 [...]

Tennessee attorney gets 26-month sentence for defrauding biofuels subsidy program

Filed under: Biodiesel, Legislation and Policy, Green Daily, USA

67-year-old H. Max Speight, a disbarred Tennessee attorney, has been sentenced by a federal court and will serve a 26-month sentence for defrauding a federal biofuels subsidy program. Though his sentence may be considered harsh, Speight’s partner, William Tacker II, was convicted and sentenced to five years [...]