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BP and Verenium Form Cellulosic Ethanol Venture to Deliver Advanced Biofuels

Green Car Congress

BP and Verenium Corporation have formed a 50-50 joint venture to develop and commercialize cellulosic ethanol from non-food feedstocks such as energy cane and energy grasses. Earlier post.). Together the companies have agreed to commit $45 million in funding and assets to the joint venture company. Earlier post.).

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DOE to Award $106M to Six CO2 Conversion Projects; $156M in Matching Private Funding

Green Car Congress

The US Department of Energy has selected six projects for funding that aim to find ways of converting captured carbon dioxide emissions from industrial sources into useful products such as fuel, plastics, cement, and fertilizers. The project team plans to process CO 2 -laden flue gas from a Capital Aggregates, Ltd. DOE Share: $25,000,000).