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Governors' Biofuels Coalition
NEWS UPDATE April 6, 2012

Energy Dept. to Revitalize a Loan Guarantee Program

MATTHEW L. WALD, New York Times  •    •  Posted April 6, 2012

Six months after the expiration of a federal loan guarantee program that backed $16 billion in loans to solar, wind and geothermal energy projects, the Energy Department has decided to offer a smaller set of similar guarantees by tapping another pot of money appropriated by Congress last year. The department said Thursday that it had sent letters to potentially eligible companies inviting them to apply for the new money. [ read more … ]

Coalition urges Congress to support rural energy programs

Amanda Peterka, E&E reporter  •    •  Posted April 6, 2012

A coalition of 100 energy trade groups and conservationists today urged Congress to keep rural energy programs when their farm-bill funding expires later this year. In a letter to leaders of the House and Senate agriculture committees, the groups request strong mandatory funding for the programs, which include initiatives meant to boost the advanced biofuels industry and provide funding to rural landowners for energy efficiency. [ read more … ]

New plan emerges for renewable-energy loan guarantees

John McArdle, E&E reporter  •    •  Posted April 6, 2012

The Department of Energy released a new plan today for moving forward on renewable loan guarantees, seven months after the Solyndra bankruptcy pushed the loan program into a political firestorm and slammed the brakes on new commitments. The statutory deadline for DOE to offer loans under the same Section 1705 program that provided the ill-fated Solyndra loan was Sept. 30, 2011 — just a month removed from the California solar energy company’s bankruptcy announcement. [ read more … ]

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