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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

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Coal still supplies more power in the US than anything else, with natural gas next. However, building more coal and gas power plants to make miles for transport is counter-productive if the game plan is to reduce carbon output. It is generous to say that an acre of Iowa can provide 12,500 miles per year at a cost of 10 cents each.

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