Tuesday, November 16, 2010

WESTERN BELIZE PRODUCERS/ MANUFACTURERS WANT TO SOLDER AND PRODUCE SMALL ETHANOL STILLS.

Belize made backyard ethanol, wood fired for export to the world over the internet.




BELIZE NEEDS TRANSFORMATIONAL ECONOMIC DEVELOPMENT TO ENCOURAGE ETHANOL PRODUCTION

FOR AT LEAST 5 YEARS, Wanna be MANUFACTURERS IN THE WESTERN BELIZE FARMING INDUSTRIAL CORRIDOR HAVE WANTED TO MANUFACTURE SMALL ETHANOL STILLS, FOR LOCAL USE AND EXPORT. WHAT THE NATION NEEDS IS A BUREAUCRACY AND POLITICAL CABINET THAT CAN THINK AHEAD, WITH FORESIGHT AND ENCOURAGE THINGS LIKE THIS USING TRANSFORMATIONAL ECONOMIC DEVELOPMENT IDEAS AND POLICIES.

From The Financial Times:

US ethanol, subsidised as a homegrown alternative to foreign oil, is being exported in record volumes.

The exports stand in contrast to the goals of US biofuels policy, which seeks to reduce dependence on imported fossil fuels in part by offering tax credits to companies that blend ethanol with petrol. The rising tide of outbound shipments will be central to the debate over the blender’s tax credit, which is set to expire at the end of the year. Exporters’ use of that credit is already drawing objections in Europe.

Rob Vierhout of ePure, a European ethanol trade association, said: “The blender’s credit was not set up with the intention to facilitate exports” and warned of legal action to halt US shipments subsidised by the credit.

The exports increase demand for the corn from which most US ethanol is refined. Nearly four in 10 bushels of this year’s crop will become ethanol fuel, the US agriculture department predicts. Corn futures recently reached a two-year high.

Government data last week showed 251m gallons in fuel ethanol exports in the nine months to September 30, more than double the 2009 total. The US became a net exporter this year.

Actual export figures may be higher, as ethanol mixed with petrol before shipment is not counted in the data. Christoph Berg of consultants F.O. Licht in Hamburg estimated the fuel blends added more than 50 per cent to the US’s reported ethanol exports to Europe.

The top reported destinations are: Canada at 75m gallons; the Netherlands, 58m gallons; the United Arab Emirates, 5m gallons; the UK, 10m gallons and Saudi Arabia, 170,000 gallons.

For some blended exports, traders are claiming the 45 cent-per-gallon US tax credit.

Biofuel tax credits, overall, reduced US excise tax revenue by $6bn in 2009, according to the Congressional Budget Office. Greendiesel Trading, which specialises in renewable fuels, is among those using the tax credit for some of the blended ethanol it ships from Texas to Europe.

“If we buy 5 per cent blend from the mill, they claim it. If we do the blending in Houston, we’ll claim it,” said Marc Van Driessche, Greendiesel trading manager in Antwerp.

The US Internal Revenue Service bars use of the tax credit for ethanol fuel that is both produced and used outside the US, but not US-made fuel sold abroad.

IS THERE A MARKET IN EITHER GUATAMALA OR CARICOM ISLANDS FOR RAW ETHANOL ADDITIVE FOR GASOLINE shipped by the drum to RUN MOTORS?

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