article thumbnail

Commentary: Could falling oil prices spark a financial crisis?

Green Car Congress

Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. Without the ability to finance drilling, smaller or more indebted oil companies may not have a future. by Nick Cunningham of Oilprice.com.

article thumbnail

Coskata Unveils Semi-Commercial Feedstock-Flexible Ethanol Facility; Springboard for Full-Scale Commercial Rollout

Green Car Congress

It first gasifies the feedstock to syngas (CO and H 2 ), then uses proprietary microorganisms—licensed from Oklahoma State University and the University of Oklahoma—to convert simultaneously both CO and H 2 into ethanol. Coskata has finalized the design and is in the final phases of pulling together project financing.