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China exempts consumption taxes on biodiesel retroactive to 1 Jan 2009

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2009 and taxes already paid will be refunded, according to the Ministry of Finance (MOF) and the State Administration of Taxation. China has exempted consumption taxes on pure biodiesel made from waste animal fats or vegetable oils. The new policy is effective from 1 Jan.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). The median base price of autos sold between July 2009 and June 2010 in the US was $21,800. —Glen Walker, lead transportation analyst at Bloomberg New Energy Finance. Last week, J.D. Earlier post.)

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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Yet current transport patterns, based primarily on private motorised vehicles, generates many social, environmental and economic costs, accounting for more than half of global liquid fossil fuel consumption and nearly a quarter of the world's energy related carbon dioxide (CO2) emissions (IEA, 2009).

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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

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million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. Achates Power, Inc.,

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Coskata Inc. completes first close of Series D financing round

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a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. The company has been operating a demonstration-scale integrated biorefinery in Madison, Pennsylvania since 2009. Coskata Inc.,

Financing 199
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Li-ion Startup Sakti3 Raises $7 Million in Series B Financing

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an Ann Arbor-based developer of next-generation lithium-ion batteries ( earlier post ), has completed a $7-million Series B round of financing. Sakti3, Inc., Sakti3 will release separate announcements related to its technology, expansion plans, and other partners in the coming months.

Financing 199
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Energy Crop Company Ceres Completes New Round of Financing

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In 2009, Ceres received an ARPA-E award from the US Department of Energy to evaluate a trait that increases yield and reduces fertilizer requirements. The financing round was led by Artal Luxembourg and Ambergate Trust, and included European investment company Gimv, among others.

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