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Audi partner Joule announces its CO2-recycled ethanol meets US and Euro specs; $40M financing

Green Car Congress

New financing. Joule also announced the closing of $40 million in private equity and venture debt financing, supporting the company’s growth towards commercialization. This will lead to the longer-term build-out of a 1,000-acre plant to begin in 2017.

Financing 150
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. Key challenges for Russia are to finance a new generation of higher-cost oil and gas fields and to improve its energy efficiency. The number of people without access to electricity remained unacceptably high at 1.3

Oil 247