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BP cancels plans for Highlands cellulosic ethanol plant in US; investing in “more attractive projects”

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BP last week announced it was canceling plans to build a commercial-scale cellulosic ethanol plant in Highlands County, Florida and refocusing its US biofuels strategy on research and development as well as licensing its biofuels technology. Globally, BP is a leading investor in commercial biofuels production. Earlier post.)

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BP and Verenium Form Cellulosic Ethanol Venture to Deliver Advanced Biofuels

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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

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The selected projects now enter a second phase in which researchers design, construct, and operate their innovations at pilot-scale and evaluate the technical and economic feasibility of applying them commercially. DOE Share: $18,417,989). Alcoa, Inc.