April 17, 2014

Tech Spotlight

Biodiesel Economics

Barbara Miracle | 6/1/2006
What's really driving the biodiesel business today isn't environmentalism or concerns about reliance on foreign oil. It is economics.

PRODUCERS: The 2002 Farm Bill provided federal subsidies of up to $150 million a year total to biodiesel and ethanol refineries. That program is slated to end in 2008.

BLENDERS: A federal jobs bill that took effect in 2005 gave companies that mix agriculture-based biodiesel with regular diesel a tax credit of a penny per percentage of biodiesel. For example, making B99 would get a tax credit of 99 cents per gallon. Biodiesel made with waste cooking oil only gets a half-cent per percentage of biodiesel.

Tags: North Central, Energy & Utilities

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Okeanos Explorer 2014
Okeanos Explorer 2014

NOAA's ship, Okeanos Explorer, carrying scientists and the ROV Deep Discoverer (D2), has arrived at site “Northwest Gulf Mid-Depth." Today (4/17/2014), the ROV will visit two Monterrey shipwrecks. Deployment of the ROV is planned for 0930 Eastern, arriving at the seafloor around 1030. Click above to watch the adventure unfold or go here for more info.

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