Raizen, Shell to supply second-generation ethanol to Ferrari F-1 team

Brazilian energy company Raizen SA and its shareholder Royal Dutch Shell Plc (RDSa.L) signed an agreement with the Ferrari Formula 1 team to supply second-generation, high-performance ethanol from next year, when the main motor racing category will begin using 10% ethanol blend in gasoline. Source: Reuters Tags: Biofuels, Ethanol, Ferrari F-1 team

US governors explore state-level way to expand biofuel sales

A bipartisan group of US governors sent a letter to the on Thursday to ask for guidance on an action that could expand sales of a fuel with a higher ethanol blend. The letter sent to the Environmental Protection Agency comes after an appeals court in July struck down a U.S. action from 2019 that

Biofuel demand in road transport to fall as electrification gathers pace

The decarbonisation of EU road transportation will increasingly impact the demand for fossil and biofuel in the decades to come, according to a new study by Rabobank. The long-term outlook for biofuels, beyond 2045, does not look promising, as the expected decline in demand is likely to encourage biofuel companies to look for alternative uses

Biofuels Would Receive $1 Bn Investment in Latest Biden Administration Proposal

The biofuels industry would receive a chunk of federal dollars as part of the latest draft of the Biden administration’s “Build Back Better Act” working its way through Congress The updated draft of the bill includes $1 billion in funding for the USDA to provide grants during the next 10 years to expand biofuel pump