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Xyleco is developing a process to convert biomass into useful products, [2] including cellulosic ethanol. [3] The board of directors includes Steven Chu . Former US Secretary of State George Shultz was a board member until his death in February of 2021. [ 4 ]
As of 2011, blenders received a US$0.45 per gallon tax credit, regardless of feedstock; small producers received an additional US$0.10 on the first 15 million US gallons; and producers of cellulosic ethanol received credits up to US$1.01. Tax credits to promote the production and consumption of biofuels date to the 1970s.
Ethanol fuel will have increased production from a current level of about 5 billion US gallons (19,000,000 m 3) per year (19 Gl/a, almost exclusively from corn) to over 20 billion US gallons (76,000,000 m 3) annually (76 Gl/a, mainly from cellulosic materials). Potentially 60 to 100 billion US gallons (230 to 380 Gl) of ethanol could be ...
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However, the much cheaper manufacturing of grain-based ethanol, along with the low price of oil in the 2010s, meant that cellulosic ethanol was not competitive with these established fuels. As a result, most of the new refineries were closed by the mid-2010s and many of the newly founded companies became insolvent.
For each billion ethanol-equivalent gallons of fuel produced and combusted in the US, the combined climate-change and health costs are $469 million for gasoline, $472–952 million for corn ethanol depending on biorefinery heat source (natural gas, corn stover, or coal) and technology, but only $123–208 million for cellulosic ethanol ...
(The Center Square) – Wisconsin’s average gas price is $2.85 for regular, below the $3.05 national average heading into the heavy Thanksgiving travel week. The price is below last year’s ...
Most cars on the road today in the U.S. can run on blends of up to 10% ethanol, and motor vehicle manufacturers already produce vehicles designed to run on much higher ethanol blends. In 2007 Portland, Oregon, became the first city in the United States to require all gasoline sold within city limits to contain at least 10% ethanol.