Biofuel and oil industry groups are pushing for their interests as a decision is expected soon on the Renewable Fuel Standard. While uncertainty looms large over the ruling, ethanol groups Growth Energy and the Renewable Fuels Association, as well as the American Petroleum Institute, met with the Office of Management and Budget. And while parties are waiting on blend numbers, they are also interested in the justifications for whatever decision the EPA makes. A decision is expected Wednesday. Read more from Platts.
Ford is investing $5 million to switch its Asia Pacific facilities to LED lighting. The change is expected to save 18 million kWh of energy per year, a savings of 50 to 70 percent over current energy consumption. The lights are expected to last five to 10 years, and they don't contain mercury. Ford also cites the additional benefit of better lighting and a cooler work environment for its employees.