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Governors' Biofuels Coalition
NEWS UPDATE October 26, 2012

BP Ends Plan for Biofuel Plant

  •  By REUTERS  •  Posted October 26, 2012

BP said Thursday that it had canceled plans to build a plant in Florida to turn tough grasses such as sorghum and cane into cellulosic biofuel, the second big oil company this year to back out of plans to produce “next generation” ethanol from nonfood crops. Once seen as a promising alternative to the use of corn and other crops to make fuel, cellulosic biofuel has become a political problem as companies struggle to produce commercial quantities and comply with a government mandate. [ read more … ]

Parched areas continue to shrink, but not in worst-hit regions

Annie Snider, E&E reporter  •  By REUTERS  •  Posted October 26, 2012

Areas hit by this year’s gripping drought shrank slightly for the fourth week in a row, although the hardest-hit regions saw little improvement, according to the latest U.S. Drought Monitor, released this morning. The percentage of the country in moderate drought or worse shrank half a percentage point this week, to 51.7 percent, according to the map. Thirty-two percent of the country is in severe drought or worse, down a tenth of a percentage point from last week, but areas in extreme drought or worse rose slightly to a little more than 16 percent.
[ read more … ]

BP shelves plan to build cellulosic ethanol plant

Amanda Peterka, E&E reporter  •  By REUTERS  •  Posted October 26, 2012

BP PLC has canceled its plans to build a 36-million-gallon cellulosic ethanol plant in Florida. BP, which has been one of several oil giants pursuing cellulosic ventures, will instead focus its biofuels efforts on research and development and licensing its technology, the company said in a statement today. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.