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Thursday, 03/20/2008 9:25:08 AM

Thursday, March 20, 2008 9:25:08 AM

Post# of 35926
March 2006 State Energy Plan - 2005 Annual Report and Activities Update

Bio-fuels.

The State (NY) has made a concerted effort to introduce bio-fuels through mandated use of bio-diesel fuel in the State vehicle fleet and piloting the use of bio-diesel fuel in transit and school buses and in heavy-duty vehicles. A full complement of research and development is under way to support bio-fuels in the State’s transportation, buildings, and electricity generation sectors.

On November 20, 2005, Governor Pataki announced a major initiative to increase the production of bio-fuels in New York State. By Executive Order, all State agencies and public authorities will be required to purchase and use bio-fuels for heating State buildings (at least 5% by 2012) and fueling the
State motor vehicle fleet (at least 2% by 2007, increasing to 10% by 2012).

NYSERDA will also offer a $500,000 incentive program for the planning, design, construction, and operation of bio-diesel refining facilities. This initiative is part of a comprehensive plan to develop and expand markets for ethanol and other bio-fuels, and to help reduce our dependence on foreign energy sources. The proposal is also expected to provide a boost to farmers in New York who will see an increased market for feedstocks used in bio-fuel production.

n November 2005, the Governor issued an Executive Order which calls for biodiesel to meet 10% of the fuel needs of the State vehicle fleet by 2012. This is in addition to the goal established in Executive Order 111 that 100% of all new State light duty non-emergency vehicle purchases be alternative fuel vehicles by 2010.
http://tinyurl.com/2xhm6w

All statements are my own opinion, expressed by a relatively novice investor. Do your own due diligence & verify posted information.

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