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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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At the high end, that would be enough baseload power to supply about 20% of California's total electric power in 2008—or enough generating capacity to supply the power needs of about 7.2 Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects. California.

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Darling International and Valero Considering Forming a Joint Venture for Renewable Diesel

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Charles refinery near Norco, Louisiana. billion of debt financing guarantees available for projects that employ innovative energy efficiency, renewable energy and advanced transmission and distribution technologies. ConocoPhillips suspended the project in fall 2008 due to the deteriorating economy and a loss of federal tax credits.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. An additional project financed from these funds will be announced later this month.

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BP and Verenium Form Cellulosic Ethanol Venture to Deliver Advanced Biofuels

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The formation of the joint venture company and additional investment builds on $90 million investment made by BP in 2008, which allowed the two companies to advance efforts at Verenium’s proof-of-concept demonstration facility in Jennings, Louisiana. The joint venture company will initially be based in Cambridge, Massachusetts.

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Perspective: The UN Approval Process for Carbon Offsets

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Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. Offset Quality Initiative, Ensuring Offset Quality (July 2008), available at: [link].

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Renergie was formed for the initial purpose of raising capital to develop, construct, own and operate a decentralized network of ten modular-designed small advanced biofuel manufacturing facilities (SABMFs) in the parishes of the State of Louisiana which were devastated by hurricanes Katrina and Rita. ]. Donovan, CEO of Renergie, Inc.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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The first auction for allowances was held on September 25, 2008. Since September 2008, RGGI has raised $583 million for the states in these quarterly auctions of permits with between 65 and 70 percent of cap-and-trade proceeds going back into the clean energy economy. Financing Investments and Other Public Expenditures.

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