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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

Green Car Congress

Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium ( QUTAC ). In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers.

BMW 221
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth. It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels.

Global 170
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First fleet of 100 Mercedes-Benz Vito E-Cell electric vans covers 650,000 km in customer use; more model variants planned

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The areas of application are diverse: courier, express and package service providers (KEP, in German: Kurier-, Express- und Paketdienstleister); plant transportation in large corporations; service vehicles for plant maintenance, customer service, and assembly and internal transport within companies.

Mercedes 231
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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

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We also plan to genetically modify the algae to produce fatty acids of a specific length, to expedite the conversion of the fatty acids into fuels that can be used by our existing transportation infrastructure. Roberts adds that an additional benefit to using algae as a fuel source is that the algal cultures would be transportable.

Renewable 218
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Other than the good news on oil consumption, very little was said in regards to transportation fuels. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Renewable energy projects are frequently financed with project rather than corporate finance.

Financing 150
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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

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At a renewable energy conference in February of this year Doug Berven, the director of Corporate Affairs at ethanol producer POET, shared the following capacity projections for the ethanol business: At the beginning of this year the industry had 12.1 All of these issues are contributing to excess capacity in the industry.