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

Green Car Congress

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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LanzaTech Produces 2,3-Butanediol from Waste Gases; Building Block for Polymers, Plastics and Hydrocarbon Fuels

Green Car Congress

LanzaTech has shown 2,3-BD production from waste gas resources in an industrial setting. However, LanzaTech’s process uses nonfood, low-value gas feed stocks, including industrial waste gases such as those produced by steel mills, oil refineries, coal manufacturing, syngas from landfill-waste and reformed natural gas.

Polymer 199
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Concepts for an “Energy Security Trust” reach back to President Carter

Green Car Congress

In his State of the Union speech Tuesday night, President Obama proposed “ we use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good. American innovation has given us the greatest industrial capacity on Earth.

Concept 218
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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources.

Obama 218
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DOE releases draft of $8B loan guarantee solicitation for advanced fossil energy projects

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Projects deploying these technologies are typically unable to obtain commercial financing due to high technology risks. Low-carbon power systems: coal or natural gas oxycombustion; chemical looping processes; hydrogen turbines; synthesis gas, natural gas, or hydrogen based fuel cells.

Energy 199
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ by Bill Cooke. Billion vs. $28.3

Financing 150
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JetBlue to go carbon neutral on all domestic flights by offsetting emissions starting in 2020; flying with SAF from SFO

Green Car Congress

Buying carbon credits means investing in emission reduction projects that require carbon offsetting financing in order to take place. Neste MY Renewable Jet Fuel is produced 100% from waste and residue raw materials. The sale of carbon offsets help to finance the projects. These projects are also permanent and ongoing.

Carbon 150