Clean Energy Pathways, Inc. (CPWY)

[spike007]

Man this is is great news - we have a government push to get it into mainstream Americas tanks now and not just industrial type customers
who benefitted from the tax credits and emissions reductions. Another + for sure.

" This program, termed the Renewable Fuel Standard 2 (RFS2), will increase the volume of renewable fuel REQUIRED to be blended into petroleum fuels from 9 billion gallons in 2008 to 36 billion gallons by 2022. The RFS 2 is an expansion of the original RFS program.

Under the RFS2, biodiesel will be given a specific carve out in the renewable fuels pool. Biodiesel will qualify for the biomass-based diesel category, which ramps up from 500 million gallon requirement in 2009 to 1 billion gallons by 2012. Because of the delayed implementation of the program,

the EPA will be combining the 2009 and 2010 requirements in calendar year 2010. Depending on variables such as carry-over allowances and transition rules, this is expected to create between 750 million and 1 billion gallons of domestic consumption of biodiesel in calendar year 2010. The program calls for an 800 million gallon minimum requirement for 2011."