Biodiesel and Ethanol Investing

Daily Journal of Commerce reports that the Portland Water Bureau in Oregon has decided to delay implementation of a new Renewable Fuels Standard to meet goals for 2010. The city’s policy requiring all diesel fuel sold within the city of Portland to have a blend of at least 5% biodiesel would have changed July 1 to require a blend of at least 10%. But according to Anne Hill, program manager for Portland’s RFS, the city has decided to hold off on the policy adjustment due to industry concerns about quality standards and engine warranties. Hill was adamant that this year’s delay for B10 won’t turn into a reversal on the city’s biofuels mandate.