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Viridos raises $25M in Series A for algae-based jet and diesel fuel

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Viridos (founded as Synthetic Genomics (SGI) in 2005) ( earlier post ) has raised a $25-million Series A equity investment. The funding will be used for R&D to further increase algae oil productivity to reach commercially deployable levels. SAF and RD made from Viridos algae oil are expected to have a 70% reduced carbon footprint.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

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A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas. —Christopher Knittel.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

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The dashed blue line is 2005 emissions; the scale on the right shows the percent of 2005 level. Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. Source: Morrow et al. Click to enlarge.

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PNNL/INL team assesses costs and GHG LCA for converting biomass to drop-in fuels via fast pyrolysis and upgrading

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A team from Pacific Northwest National Laboratory (PNNL) and Idaho National Laboratory has evaluated the process economics and greenhouse gas (GHG) emissions for the conversion of 11 biomass feedstocks to produce transportation fuels via fast pyrolysis and then pyrolysis oil upgrading via hydrodeoxygenation. g CO 2 -e/MJ. Meyer et al.

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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The proposal was drafted as two measures, the Climate Protection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. per year over a 10-year period.

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Toyota launches fully redesigned Voxy and Noah minivans in Japan; class-first hybrid system

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The new Super CVT-i contributes to improved fuel efficiency through a class-leading gear-ratio range with a two-port oil pump system optimizing energy consumption to the driving conditions and an electric oil pump linked with the idling-stop. In the on-hybrid models, the 2.0-liter km/L (38 mpg US , 6.25 Both the 1.8-liter Both the 1.8-liter

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