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DOE issues RFI on renewable fuel scale-up and demonstration

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The US Department of Energy (DOE) has released a new Request for Information (RFI) on the scale-up and demonstration of renewable fuels. BETO recognizes the availability of financing for first-of-a-kind process systems can be a barrier to commercializing advanced biofuels.

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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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Although during the 2010s Sri Lanka has one of the fastest growing economies in Asia, it has tumbled into the worst economic crisis since independence in 1948, with spiraling inflation, and shortages of food, fuel and medicine. K1 is Ceylon Graphite’s first exploration project and operates under the Sarcon Development legal umbrella.

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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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million) Series D financing round. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. Ellex Raidla acted as legal advisors to Skeleton Technologies. European ultracapacitor leader Skeleton Technologies completed a €41.3-million million (US$48.4

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6% per year over a 10-year period. Rebate program.

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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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The software reflash does not affect average fuel economy, drivability, durability or refinement of the vehicles. In addition, FCA US will pay $19 million to the State of California for emissions mitigation initiatives, while also financing the upgrade of 200,000 high-efficiency catalytic converters through the aftermarket.

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Workhorse Group applies for $250M loan from DOE Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

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The company also announced that DOE has deemed its application to be substantially complete for purposes of DOE beginning its preliminary evaluation of the technical, financial, legal and other aspects of the application. The program has issued loans for projects run by Tesla, Ford and Nissan.

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Velocys establishes strategic alliance with TRI for gasification systems for BTL plants

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TRI has demonstrated that the technology can transform everyday garbage into jet fuel in a fully integrated process demonstration unit. The partners have already started a joint development of the engineering design for a 1,400 barrel per day BTL plant to produce renewable diesel and jet fuels from woody biomass. Earlier post.)