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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. By creating renewable fuel and sequestering the biochar in the ground as soil enhancer, the process permanently removes atmospheric CO 2 for hundreds of years. Click to enlarge.

Financing 225
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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. Earlier post.). The main catalysts are proprietary modified ZSM-5 catalysts.

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Perspective: The UN Approval Process for Carbon Offsets

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Additionality is proof that the renewable-energy project would not happen without the capital generated by selling carbon credits. Renergie is in the process of transferring its proven renewable energy technology worldwide by working closely with developing countries in Latin America, the Caribbean, Asia and Africa. CONCLUSION.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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The legislation would also provide new incentives for domestic oil and gas drilling, nuclear power plant construction, carbon capture and storage, and renewable energy sources like wind and solar. For example, automobile firms have an incentive to invest in energy efficiency because consumers value fuel efficiency.

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