Remove Automobile Remove Financing Remove Louisiana Remove Waste
article thumbnail

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

Green Car Congress

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. The company broke ground on its first biofuel production facility in Alexandria, Louisiana, on 26 February 2014.

Financing 225
article thumbnail

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

Green Car Congress

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. An additional project financed from these funds will be announced later this month.

article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. On-site blending pumps, in lieu of splash blending, are used for this test.

Carbon 255
article thumbnail

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

Green Car Congress

For example, automobile firms have an incentive to invest in energy efficiency because consumers value fuel efficiency. Auction revenues may be used for the public good by allocating the allowance value to: households as dividends; financing investments and other public expenditures; and.

Gas 244