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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period. CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. Zhejiang Geely Holding Group (Geely Group) will invest a total of US$45.5

Renewable 150
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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol. The level was raised to 25% over the next five years, which was intended to maintain a constant Brazilian gasoline supply for an ever-increasing demand. These were arguably the first flex-fuel vehicles.