by Jon C. Ogg (24/7 Wall Street) … The EPA is now seeking public input to inform future steps by the agency regarding emissions from the commercial airline sector. While the effort is new, this has been coming for years. One of the potential beneficiaries will be the biofuels makers. Still, there almost certainly will be winners and losers — and which companies win and lose is far from set in stone.
The EPA and the Federal Aviation Administration (FAA) are participating in International Civil Aviation Organization’s (ICAO’s) process to achieve meaningful CO2 emissions reductions, and in a manner that is equitable across national boundaries. These standards are expected to be adopted in 2016, but this may still be years in the making.
24/7 Wall St. wanted to review four of the potential winners in biofuels here.
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Gevo Inc. … Gevo just recently announced a breakthrough to its fermentation technology that the company said would allow it to produce isobutanol from cellulosic feedstocks such as wood waste, which can then be converted into Gevo’s alcohol-to-jet fuel.
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Renewable Energy Group Inc. … Renewable Energy Group has 10 active biorefineries across the country that will help it become a long-term leader in bio-based fuels and chemicals. REG Synthetic Fuel’s renewable diesel technology converts renewable feedstocks into ultra-clean and environmentally friendly renewable synthetic diesel fuel, renewable synthetic jet fuel and more.
Solazyme Inc. … has developed advanced biofuels derived from microalgae that burn cleaner and perform better than petroleum-based fuels — with one focal point on environmental impact without requiring engine modifications for use.
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Amyris Inc. … is currently selling renewable diesel in metropolitan areas in Brazil and our renewable jet fuel with its partner TOTAL around the world.
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New proposals are said to not apply to recreational planes, nor do they apply to military aircraft. READ MORE