A federal appeals court threw out a federal rule on renewable fuels on Friday, saying that a quota set by the Environmental Protection Agency for incorporating liquids made from woody crops and wastes into car and truck fuels was based on wishful thinking rather than realistic estimates of what could be achieved.The court agreed with the American Petroleum Institute; ruled against the EPA.
But the NY Times said things might be turning around in the "cellulosic" sector:
There are signs that the cellulosic sector could soon gain some momentum. Several companies have invested tens of millions of dollars in building commercial-scale projects. Last year, two companies said they were near production.
KiOR, one of the two companies, said on Friday that it had sold 1,024 gallons of diesel fuel in December that was produced at its plant in Columbus, MS.
If I read that previous paragraph correctly, the cellulose-to-diesel fuel company said it sold about a thousand gallons in the entire month of December, which begs the question: what is the diesel fuel capacity of an 18-wheeler?
About 300 gallons. So, one of two cellulose-to-deisel fuel companies sold 1,000 gallons (and the other did not provide any data) ... well, the industry is on its way.... I can't make this stuff up.
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