Tuesday, 31 March 2015
Last updated 40 min ago
Feb 25 2009 | 9:09am ET
A coalition of governors – including several from Midwestern states hit by declines in the auto and manufacturing industries – are urging U.S. President Barack Obama to make it easier to develop alternative fuels.
In particular, the governors are pressing for the approval of 13% ethanol blends in gasoline and the promotion of wind energy. The Environmental Protection Agency (EPA) currently allows gasoline to contain 10% ethanol amid concerns that higher blends could corrode fuel lines and reduce the gas mileage of some vehicles.
Coalition chairman Governor John Hoeven of North Dakota says biofuels are helping transform communities, broaden the tax base and provide solid job growth.
“Help from the federal government in terms of fiscal support and policy leadership could revitalize this critical industry, create jobs, spur investment and strengthen the ability of biofuels to address the economic, energy and environmental challenges that face our nation,” said Governor Hoeven in a statement.
During a Washington press conference on Tuesday, the coalition urged President Obama to take specific actions to promote biofuels, including establishing an interagency task force on lifecycle greenhouse gas emissions and transportation fuels, involving the U.S. Departments of Agriculture and Energy and the EPA.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…