Updated: 2024-09-30 23:55:36
Tuesday the U.S. Senate passed a bill that will extend tax credits on solar power installations through 2016. The House approved the measure Wednesday.
Updated: 2024-09-30 23:55:36
The E.U. voted to relax biofuels targets following widespread criticism of their social, economic, and environmental impacts. Thursday the European Parliament's Industry and Energy Committee said it would push a plan calling for a 5 percent share of renewables in transport fuel by 2015 and a 10 percent target by 2020, a reduction from the 20 percent target set forth in March 2007. The plan effectively cuts targets for biofuels produced from conventional feedstocks to four percent in 2015 and six percent in 2020.
Updated: 2024-09-30 23:55:36
Plunging palm oil prices are increasing its attractiveness as a biofuel feedstock and thereby helping buoy demand for the oilseed, reports Reuters.
