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Texas Senator Seeks RIN Cap

 Leaders in the biofuels industry wrote President Donald Trump on Friday after learning Sen. Ted Cruz, R-Texas, had floated a proposal to the White House that would essentially cap prices for renewable identification number (RIN) credits at 10 cents apiece.

Tallying Economic Effects of the RFS Decade

Look no further than how falling commodity prices have affected rural America in recent years, and you'll get a feel for what the Renewable Fuel Standard has meant to the countryside. Back in 2005 when the first RFS was signed into law, it was challenging just to keep up on the seemingly endless number of announced plans to build corn ethanol plants.

BP Plunges Back Into Solar Energy

In an attempt to stay relevant in the low carbon economy of the future, some leading oil and gas stakeholders have been ramping up their investments in renewable energy. BP is among that group, and the company just sank $200 million into a major solar energy deal with the company Lightsource. The new investment is especially noteworthy for the sharp contrast it makes with BP’s previous attempts to move “beyond petroleum.”

Illinois Praised as Property Tax Model for Wind Farms

Illinois' taxing model for wind energy companies is touted as one of the best in the country, bringing in $30.4 million in property taxes in 2016, according to economic experts. Barton DeLacy, a tax expert from Chicago, said that the Illinois system is a good model that is very close to the value he gives to wind farms and is much more consistent than in other states.

U.S. renewable energy industry relieved as Republicans keep tax credits

The U.S. renewable energy industry expressed relief after a compromise Republican tax bill preserved key tax credits that had been at risk of being removed, but it raised concerns about a provision that may threaten investment in the sector.The final tax bill retains the production and investment tax credits for wind and solar energy that have spurred investment in the fast-growth industries. It also eliminates the alternative minimum tax, which would have reduced the value of those credits.

California and Washington state join carbon pledge in defiance of Trump

California and Washington state joined five nations on the Pacific coast of the Americas on Tuesday to agree to step up the use of a price on carbon dioxide emissions as a central economic policy to slow climate change.The U.S. states were acting in defiance of President Donald Trump who says he doubts that man-made greenhouse gas emissions from burning fossil fuels are the prime cause of global warming and plans to quit the 2015 Paris climate accord.

The simple way we might turn food waste into green energy

Scientists have been looking for solutions to the food waste problem, and now researchers at Cornell University in Ithaca, New York, think they've hit upon a possible fix. They say that by making use of a pair of simple chemical processes — hydrothermal liquefaction and anaerobic digestion — we could turn food waste into environmentally friendly biofuel.

Insurance giant Axa dumps investments in tar sands pipelines

One of the world’s biggest financial services companies is both dumping investments and ending insurance for controversial US oil pipelines, taking fossil fuel divestment to a new level.Axa is also quadrupling its divestment from coal businesses and increasing its green investments fivefold by 2020.

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