28 Mar '13, 1pm

Renewable Energy Group Profits Exceed Subsidies

Earlier this month biodiesel producer Renewable Energy Group, Inc. (REGI : Nasdaq) reported a tidy profit of $22.3 million on record $1.0 billion in total sales. Reported net income was $43.5 million, including accounting treatments for corporate recapitalization undertaken in the year. Results from 2012 were noteworthy on a couple of counts. It was the first time in the company’s ten-year history (including years of operation among predecessor firms) that sales exceeded $1.0 billion. REGI produced 188 million gallons of biodiesel from a variety of feedstock, including non-edible corn oil, used cooking oil, animal fats and soybeans. Feedstock flexibility has helped drive down direct costs. Gross margin in 2012 skyrocketed to 14.8% compared to 7.4% in 2012 and 4.3% in 2010. Renewable Energy Group Houston Plant The company’s profits also exceeded government subsidies for bio...

Full article: http://www.altenergystocks.com/archives/2013/03/renewable...

Tweets

IMF calls for world's $1.9tr fossil fuel subsid...

businessgreen.com 28 Mar '13, 11am

Removing worldwide fossil fuel subsidies worth $1.9tr would have "major gains for economic growth and the environment" the...

UK renewable energy trade mission to Mongolia: ...

renewableenergyfocus.com 28 Mar '13, 2pm

Now the Mongolian British Chamber of Commerce , with support from the UK government, is organising a renewable energy and ...

Australia Backs Renewable Energy Targets

Australia Backs Renewable Energy Targets

renewableenergyworld.com 27 Mar '13, 1pm

"Arguments to reduce or cap renewable energy at 20 percent of generation in 2020 ignore the need to reduce the emissions-i...

subsidies

subsidies

grist.org 28 Mar '13, 7pm

A new report [PDF] from the International Monetary Fund tries to tally up fossil fuel subsidies around the world and finds...

I did not know of this

I did not know of this

renewableenergyworld.com 07 Apr '13, 11pm

The founder of Virgin and Virgin Atlantic Airlines, Branson announced at the CGI he would invest all future profits of the...

New blog post : Should the rich get subsidies too?

rinaz.net 27 Mar '13, 7am

Should the rich be entitled to subsidies? Leave a reply During the first few years that I’ve been living in Rome, I went t...

The Attack On Renewable Energy Standards In Numbers

The Attack On Renewable Energy Standards In Num...

cleantechnica.com 29 Mar '13, 7pm

Landmark struggles between advocates for traditional generation and renewables in Kansas narrowly went to renewables in th...

Romania To Scale Back Subsidies

Romania To Scale Back Subsidies

renewableenergyworld.com 25 Mar '13, 1pm

Romania currently offers two green certificates per MWh from wind, but it may cut the number to one or 1.5, and to 3.5 fro...

U.K. Clean Energy Rules to Add 36% to Company Power Bills

U.K. Clean Energy Rules to Add 36% to Company P...

renewableenergyworld.com 27 Mar '13, 6pm

Energy-intensive companies will see energy bills soar by as much as 5 million pounds ($7.6 million) a year due to carbon t...

Discovery on Storing and Reusing Renewable Energy - Green Building Elements

Discovery on Storing and Reusing Renewable Ener...

greenbuildingelements.com 29 Mar '13, 6pm

“This breakthrough offers a relatively cheaper method of storing and reusing electricity produced by wind turbines and sol...

Local Development through Community-Led Renewab...

renewableenergyworld.com 03 Apr '13, 2pm

Converting our energy system is about more than replacing fossil fuel with sun and wind as new energy sources. Our current...

Oil Companies Want a Bailout: Say Renewable Energy Has it Easy

Oil Companies Want a Bailout: Say Renewable Ene...

ecopreneurist.com 01 Apr '13, 2pm

“Renewable energy from the sun, wind and tides is free and available in plenty. We have to deal with a finite resource – p...

Ten Clean Energy Stocks for 2013: March Update

Ten Clean Energy Stocks for 2013: March Update

renewableenergyworld.com 04 Apr '13, 2pm

As designed, my ten clean energy picks for 2013 (introduced here ) again weathered the downdraft of the broader clean ener...

The Limits of Renewable Energy: A Call for Rese...

renewableenergyworld.com 05 Apr '13, 8pm

Despite these trends, conventional wisdom holds that a “clean-energy future” is not only possible but looming. Through a c...

The Limits of Renewable Energy: A Call for Rese...

renewableenergyworld.com 05 Apr '13, 7pm

Despite these trends, conventional wisdom holds that a “clean-energy future” is not only possible but looming. Through a c...