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Algenol closes on additional $25M internal equity financing

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Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process. BioFields’ most recent investment builds atop previous commitments to Algenol that began in 2007. This new investment follows a previous investment of $40 million from BioFields in 2014.

Financing 150
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European Court of Auditors finds 2/3 of EU-funded transportation projects underutilized

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A report published by the European Court of Auditors (ECA)—the official institution that audits EU finances— found that two-thirds of urban transport projects co-financed by EU structural funds are underutilized. The auditors also physically visited the co-financed facilities, and the operating and maintenance centres.

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Bombardier Recreational Products and Government of Canada funding C$11.3M project to develop plug-in hybrid Can-Am Spyder roadster with target of 50% reduction in fuel consumption

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Launched in 2007, the Can-Am Spyder roadster features a distinctive Y-architecture and is he only mass-production, on-road vehicle that is entirely designed and manufactured in Canada. The CTA currently employs more than 70 researchers and students, and expects to become self-financing as of 2011.

Canada 240
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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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million tonnes emitted in 2007. Eesti Energia started its international oil shale activities in 2006, and has oil shale operations in Jordan and the United States. However, the National Development Plan for Oil Shale Use for 2008-15 calls for reducing annual extraction while preserving the country’s strong energy security.

Estonia 236
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
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Perspective: The UN Approval Process for Carbon Offsets

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If cap-and-trade in the United States were to become reality along the lines of proposals now before Congress, up to 2 billion of the new credits would be drawn from carbon offsets, potentially increasing the worldwide supply of such credits by a factor of seven. Intergovernmental Panel on Climate Change, Climate Change 2007: Mitigation.

Carbon 255
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Plug In America - Links and Resources

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2 PIA Meets CARB Move CARB Forward AltCar Expo 2007 Arnold Amped Up? Batteries Included $142,000 Grant 2006 Archive GM Plug-in Series Hybrid? Real Life EV Stories A Case for Electricity Plug In America Positions Energy Policy Frequently Asked Questions About Plug-in Buses Who Killed the Electric Car? 1 Point Reyes EVs Did You Know?

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