A global initiative called below50 that aims to scale up the development and use of low-carbon fuels launched today with 20-plus organizations and global brands including Audi, DuPont, DSM, Joule, LanzaTech, Novozymes and Yale University.
Hawaii Bioenergy and Sapphire Energy have each received $5 million investments from the Energy Department, part of some $22 million in new investments by the agency to help develop cost-competitive algae fuels and streamline the biomass feedstock supply chain for advanced biofuels. The Energy Department has invested $16.5 million in … Read more »
Alternative fuel developers face a make-or-break year as leading companies, such as Amyris, Poet, Solazyme, Gevo, Novozymes and Mendel, race to show substantial revenue, according to a report by Lux Research. The report, “Leading Alternative Fuel Developers Race to Real Revenue in 2013,” said companies that lag behind will suffer … Read more »
The EPA rejected requests to waive the federal Renewable Fuel Standard requiring ethanol be blended into gasoline, effectively disagreeing with states and industry groups that argued the mandate was pushing up corn prices following a catastrophic drought that ruined crops in the Midwest. The agency, which based its decision on … Read more »