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Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. The feedstock for the RNG Project will be supplied by three dairy farms located in Northwest Iowa totaling more than 20,000 milking cows.

Financing 334
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VERBIO launches first cellulosic RNG plant in the USA

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The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. Collaboration between VERBIO and Alliant Energy led to the opening of the facility, which Alliant Energy serves with both natural gas and electric service.

USA 195
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USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

Green Car Congress

Fulcrum will gasify 147,000 tons of municipal solid waste to produce synthesis gas which it then will catalytically convert to synthetic paraffinic kerosene/jet fuel via a Fischer-Tropsch (FT) process. A venturi scrubber captures and removes any entrained particulate, and the syngas is further cooled in a packed gas cooler scrubber.

Waste 310
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DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

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The US Department of Energy (DOE) is [link] about $11 million to 20 new projects to help states and local governments to develop the infrastructure, training, and regional planning needed to help meet the demand for alternative fuel cars and trucks, including vehicles that run on natural gas, electricity, and propane. Gas Technology.

Clean 308
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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. At that rate, the cost to operate an electric vehicle is 2 cents per mile. Unfortunately, they don’t.

Solar 150
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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

The US Department of Transportation (DOT) is awarding $100 million in Economic Recovery Act funding to 43 transit agencies for projects to reduce energy consumption and greenhouse gas emissions from both vehicles and facilities. The Federal Transit Administration reviewed more than $2 billion in applications for these funds.

Emissions 256
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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

They are looking at cutting the nation’s greenhouse gas output by targeting, in separate ways, three major sources of emissions: electric utilities, transportation and industry. states are already actively participating in the design and implementation of three regional cap-and-trade programs to reduce greenhouse gas emissions.

Gas 244