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    German biogas and biodiesel developer BKN BioKraftstoff Nord AG has generated gross proceeds totaling €5.5 million as part of its capital increase from authorized capital. Ad Hoc News - September 13, 2007.

    NewGen Technologies, Inc. announced that it and Titan Global Holdings, Inc. completed a definitive Biofuels Supply Agreement which will become effective upon Titan’s acquisition of Appalachian Oil Company. Given APPCO’s current distribution of over 225 million gallons of fuel products per year, the initial expected ethanol supply to APPCO should exceed 1 million gallons a month. Charlotte dBusinessNews - September 13, 2007.

    Oil prices reach record highs as the U.S. Energy Information Agency releases a report that showed crude oil inventories fell by more than seven million barrels last week. The rise comes despite a decision by the international oil cartel, OPEC, to raise its output quota by 500,000 barrels. Reuters - September 12, 2007.

    OPEC decided today to increase the volume of crude supplied to the market by Member Countries (excluding Angola and Iraq) by 500,000 b/d, effective 1 November 2007. The decision comes after oil reached near record-highs and after Saudi Aramco announced that last year's crude oil production declined by 1.7 percent, while exports declined by 3.1 percent. OPEC - September 11, 2007.

    GreenField Ethanol and Monsanto Canada launch the 'Gro-ethanol' program which invites Ontario's farmers to grow corn seed containing Monsanto traits, specifically for the ethanol market. The corn hybrids eligible for the program include Monsanto traits that produce higher yielding corn for ethanol production. MarketWire - September 11, 2007.

    Ethanol Statistics, a new industry information resource, reports that U.S. petroleum refiners Citgo and Valero are the top 2 ethanol importing companies in the United States in the first 6 months of 2007. Overall imports were up 7.64% compared to the same period in 2006, from 193,620 gallons to 208,404 gallons. Chevron imported 43% less, whereas Noble and ConocoPhilips' imports were up 255% and 372% respectively. Data are reported in 'The United States Ethanol Market 2007’, which also provides a breakdown of U.S. ethanol production costs and a detailed analysis of U.S. consumption and production. Ethanol Statistics - September 10, 2007.

    The government of British Columbia launches a $100,000 study into the production of biogas, heat, power and clean water from household waste streams. Raw sewage water can be cleaned by microbial fuel cells that deliver electricity as they clean the water; other technologies include classic anaerobic fermentation. Canada.com - September 10, 2007.

    Saudi Aramco in its Annual Review 2006 said that last year the company's crude oil production declined by 1.7 percent, while exports declined by 3.1 percent, compared with the previous year. Crude oil production in 2006 averaged 8.9 million barrels of oil a day (b/d) and exports 6.9 million b/d. Saudi Aramco - September 9, 2007.

    Chinese packaging manufacturer Livan Biodegradable Product Co. Ltd. will build plants in Alsozsolca and Edeleny in eastern Hungary at a combined cost of €18 million by 2009, the Hungarian economics ministry says. The plants, which will employ 800 people, are planned to produce initially 50, 000 metric tons a year of environmentally-friendly packaging material, and double that amount by a later date. Livan will use corn to manufacture biodegradable packaging boxes with similar properties to petroleum-based plastic boxes used in the food industry. Dow Jones Newswires - September 7, 2007.

    South Korea aims to raise biodiesel content in domestic diesel to 3 percent from the current 0.5 percent by 2012, Seoul's energy ministry said today. The government was initially set last year to impose a mandatory 5 percent blend, in line with the level targeted by the European Union by 2010, but the country's powerful refining lobby opposed the move, forcing it to push back the target, according to market sources. Reuters - September 7, 2007.

    Virent Energy Systems, Inc. announced today that it has closed a US$21 million second round of venture financing. Investor interest in Virent was driven in large part by the Company’s continued development of its innovative BioForming process beyond its traditional hydrogen and fuel gas applications and toward the production of bio-based gasoline, diesel, and jet fuels. Virent Energy Systems - September 6, 2007.

    The U.S. National Ethanol Vehicle Coalition (NEVC) announces that 31 models of motor vehicles will be offered in the U.S. with an E85 capable engine in 2008. Chrysler, Ford, General Motors, Nissan and Mercedes Benz will all offer flexible fuel vehicles (FFVs) in the coming year. The NEVC expects 750,000 such FFVs will be produced in 2008. National Ethanol Vehicle Coalition - September 5, 2007.

    GreenHunter BioFuels, Inc., has begun commercial operations with the start-up of a 1,500 barrel per day methanol distillation system. Methanol is an alcohol used to transesterify vegetable oils into biodiesel. The methanol production facility is a key element of GreenHunter's 105 million gallon per year biodiesel refinery, the largest in the U.S., slated for initial operations during the first quarter of 2008. PRNewswire - September 5, 2007.

    GreenHunter BioFuels, Inc., has begun commercial operations with the start-up of a 1,500 barrel per day methanol distillation system. Methanol is an alcohol used to transesterify vegetable oils into biodiesel. The methanol production facility is a key element of GreenHunter's 105 million gallon per year biodiesel refinery, the largest in the U.S., slated for initial operations during the first quarter of 2008. PRNewswire - September 5, 2007.

    Spanish renewables group Abengoa released its results for the first half of 2007 financial year in which its consolidated sales were €1,393.6 million, which is a 27.9 percent increase on the previous year. Earnings after tax were €54.9 million, an 18.6 percent increase on the previous year's figure of 46.3 million euro. Abengoa is active in the bioenergy, solar and environmental services sector. Abengoa - September 4, 2007.

    Canadian hydro power developer Run of River Power Inc. has reached an agreement to buy privately owned Western Biomass Power Corp. in a $2.2 million share swap deal that could help finance development of new green sources of electricity in British Columbia. The Canadian Press - September 4, 2007.

    As of Sept. 1, a biodiesel blending mandate has come into force in the Czech Republic, requiring diesel suppliers to mix 2 per cent biodiesel into the fuel. The same rule will be obligatory for gasoline starting next year. In 2009 the biofuel ratio will grow to 3.5 percent in gasoline and 4.5 percent in diesel oil. CBW - September 3, 2007.

    Budapest's first biofuel station opens on Monday near the Pesterzsébet (District XX) Tesco hypermarket. This is the third station selling the E85 fuel containing bioethanol in Hungary, as two other stations are encouraging eco-friendly driving in Bábolna and Győr. Caboodle - September 3, 2007.

    Canadian forest products company Tembec announced that it has completed the acquisition of the assets of Chapleau Cogeneration Limited located in Chapleau, Ontario. The transaction includes a biomass fired boiler and steam turbine with an installed capacity of 7.2 megawatts. Consideration for the assets consists of a series of future annual payments to 2022, with a present value of approximately $1 million. Tembec - September 1, 2007.

    Innovative internet and cable/satellite channel CurrentTV is producing a documentary on Brazil's biofuel revolution. Biopact collegues and friends Marcelo Coelho (EthanolBrasil Blog), Henrique Oliveira (Ethablog) and Marcelo Alioti (E-Machine) provided consulting on the technical, economic, environmental and social aspects of Brazil's energy transformation. ProCana - August 31, 2007.

    Oil major BP Plc and Associated British Foods Plc won competition clearance from the European Commission on to build a plant to make transport fuel from wheat in Hull, northeast England. U.S. chemical company DuPont is also involved. Reuters UK - August 31, 2007.

    The government of the Indian state of Orissa announced its policy for biofuel production which includes a slew of incentives as well as measures to promote the establishment of energy plantations. The state aims to bring 600,000 hectares of barren and fallow land under Jatropha and Karanj. At least 2 million hectares degraded land are available in the State. The new policy's other objectives are to provide a platform for investors and entrepreneurs, market linkages and quality control measures. Newindpress - August 29, 2007.

    Brazil's state-run oil company Petrobras said today it expects to reach large scale cellulosic ethanol production in 2015, with the first plant entering operations as early as 2011. Lignocellulosic biomass is the most abundant biological material on the planet, making up the bulk of the structure of wood and plants. In a first phase, Petrobras intends to use bagasse as a feedstock. Reuters / MacauHub- August 29, 2007.

    Seattle based Propel Biofuels, is announcing a $4.75 million first round of capital from @Ventures and Nth Power. The money will be used to help Propel set up and manage biodiesel fueling stations. BusinessWire - August 29, 2007.

    BioEnergy International, a science and technology company committed to developing biorefineries to produce fuels and specialty chemicals from renewable resources, announced today the closing of a major US$61.6 million investment that will provide funding for the Company’s three strategic initiatives: generating secure cash flow from its conventional ethanol platform, product diversification through the introduction of novel biocatalysts for the manufacture of green chemicals and biopolymers and the integration of its cellulose technology. BusinessWire - August 28, 2007.

    German company Verbio Vereinigte BioEnergie, the biggest biofuels producer in Europe, says it is considering plans to invest up to €100/US$136.5 million in a biofuel production facility in Bulgaria. The company wants the new facility to be located close to a port and Bulgaria's city of Varna on the Black Sea is one of the options under consideration. If Verbio goes through with the plan, it would produce both biodiesel and bioethanol, making Bulgaria a major source of biofuels in southeastern Europe. Verbi currently produces around 700,000 tonnes of biofuels per year. Sofia News Agency - August 27, 2007.

    Czech brown-coal-fired power plant Elektrárna Tisová (ETI), a unit of the energy producer ČEZ, could co-fire up to 40,000 tons of biomass this year, the biggest amount in the company’s history, said Martin Sobotka, ČEZ spokesman for West Bohemia. ETI burned more than 19,000 tons of biomass in the first half of 2007. The company’s plan reckoned with biomass consumption of up to 35,000 tons a year. Czech Business Weekly - August 27, 2007.


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Friday, September 14, 2007

WorldWatch Institute: window to prevent catastrophic climate change closing; EU should press for immediate U.S. action

Consumption of energy and many other critical resources is consistently breaking records, disrupting the climate and undermining life on the planet, according to the latest Worldwatch Institute report, Vital Signs 2007-2008.

The 44 trends tracked in Vital Signs illustrate the urgent need to check consumption of energy and other resources that are contributing to the climate crisis, starting with the largest polluter, the United States, which accounted for over 21 percent of global carbon emissions from fossil fuel burning in 2005. Europe, already feeling the effects of climate change, should pressure the U.S. to join international climate negotiations, according to Erik Assadourian, Vital Signs Project Director.
The world is running out of time to head off catastrophic climate change, and it is essential that Europe and the rest of the international community bring pressure to bear on U.S. policy makers to address the climate crisis. The United States must be held accountable for its emissions, double the per capita level in Europe, and should follow the EU lead by committing to reducing its total greenhouse gas emissions by 80 percent by 2050. - Erik Assadourian, Project Director
This summer, the European Union has become a showcase for how the world will be transformed by climate change, including tragic fires in Greece and the Canary Islands, dramatic floods in England, and heat waves across the Continent. Assadourian urged European leaders to push the U.S. to engage more constructively with the international community on climate change, starting at the United Nations late this month and in the Bali Climate negotiations at the end of the year.

With a global population of 6.6 billion and growing, the ecosystem services upon which life depends are being stretched to the limit due to record levels of consumption:
  • In 2006, the world used 3.9 billion tons of oil. Fossil fuel usage in 2005 produced 7.6 billion tons of carbon emissions, and atmospheric concentrations of carbon dioxide reached 380 parts per million (graph, click to enlarge).
  • More wood was removed from forests in 2005 than ever before.
  • Steel production grew 10 percent to a record 1.24 billion tons in 2006, while primary aluminum output increased to a record 33 million tons. Aluminum production accounted for roughly 3 percent of global electricity use.
  • Meat production hit a record 276 million tons (43 kg per person) in 2006.
  • Meat consumption is one of several factors driving soybean demand. Rapid South American expansion of soybean plantations could displace 22 million hectares of tropical forest and savanna in the next 20 years.
  • The rise in global seafood consumption comes even as many fish species become scarcer: in 2004, 156 million tons of seafood was eaten, an average of three times as much seafood per person than in 1950.
The expanding world population’s appetite for everything from everyday items such as eggs to major consumer goods such as automobiles is helping to drive climate change, which is endangering organisms on the land and in the sea:
:: :: :: :: :: :: :: :: :: ::

  • The warming climate is undermining biodiversity by accelerating habitat loss, altering the timing of animal migrations and plant flowerings, and shifting some species towards the poles and to higher altitudes.
  • The oceans have absorbed about half of the carbon dioxide emitted by humans in the last 200 years. Climate change is altering fish migration routes, pushing up sea levels, intensifying coastal erosion, raising ocean acidity, and interfering with currents that move vital nutrients upward from the deep sea.
  • Despite a relatively calm hurricane season in the U.S. in 2006, the world experienced more weather-related disasters than in any of the previous three years. Nearly 100 million people were affected.
While U.S. carbon emissions continue to grow, the fastest growth is occurring in Asia, particularly China and India. But without a U.S. commitment to emissions constraints, persuading China and India to commit to reductions is unlikely.
The only hope for reducing the world’s carbon emissions is for the U.S. to begin reducing its emissions and cooperating with other nations immediately. The EU may be the only entity that can make that happen With the U.S. Congress preparing to take up far-ranging climate legislation this fall, and with President Bush planning to hold an international climate change summit in Washington, now is the time to act. If the U.S. and other nations walk away without concrete plans to implement a binding agreement, the EU should not hesitate to use its diplomatic clout to press the issue. - Erik Assadourian, Project Director.
Already, the window to prevent catastrophic climate change appears to be closing. Some governments are starting to redirect their attention away from climate change mitigation and towards staking their claims in a warming world. “Canada is spending $3 billion to build eight new patrol boats to reinforce its claim over the Arctic waterways. Denmark and Russia are starting to vie for control over the Lomonosov Ridge, where new sources of oil and natural gas could be accessed if the Arctic Circle becomes ice free—fossil fuels that will further exacerbate climate change. These actions assume that a warming world is here,” said Assadourian.

References:
WorldWatch Institute: Vital Signs Online.

WorldWatch Institute: Vital Signs 2007-2008 - September 2008.

2 Comments:

rufus said...

The United States replaced over 600,000,000 gallons of fossil fuels with biofuels last month. Doesn't that count for something?

4:16 AM  
Biopact team said...

Depends a bit on the type of biofuel. Ethanol from corn only reduces greenhouse gas emissions a tiny bit, some 10% compared to gasoline (some say it adds CO2. Sugarcane ethanol reduces carbon dioxide by up to 80%.

3:38 PM  

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