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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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Renewable Energy Group to acquire Tyson Foods’ half ownership of Dynamic Fuels renewable diesel biorefinery

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REG is a long-term customer of ours, buying fats, oils and greases to make renewable fuel, and we hope to continue that relationship. REG may seek to use existing cash on hand and/or one or more financing vehicles, including public or private debt or equity, to satisfy this condition.

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USDA awarding $136M to five major research projects focused in part on developing cellulosic drop-in aviation fuels

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US Agriculture Secretary Tom Vilsack announced five major agricultural research projects aimed at developing regional, renewable energy markets, generating rural jobs, and decreasing America’s dependence on foreign oil. The project aims to develop a regional source of renewable aviation fuel for Seattle-Tacoma International Airport.

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POET Planning for 3.5B Gallons of Cellulosic Ethanol in 2022

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In order for this vision to become a reality, policy makers must provide access to the market and the stability needed to attract the large amount of capital that will be required to finance its construction. Today, the US effectively has a 90% mandate for oil in the gasoline supply. Jeff Broin.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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Cool Planet’s patented technology comprises three main components: Biomass Pyrolysis: Hemi-cellulosic or lignocellulosic biomass is processed through a mechanical biomass fractionating system that uses pressure and heat to create streams of useful hydrocarbon components (bio-oil or pyrolysis oil). Earlier post.).

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Novozymes introduces its latest enzyme technology for cellulosic biofuels; performs 1.5x better than predecessor

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With our new product, Cellic CTec3, and the first plants starting commercial production, this is a huge step forward in the transition from an oil-based economy to a bio-based economy. Fiberight will open a small-scale plant in Lawrenceville, Virginia, this year, and a plant producing 6 million gallons per year in Blairstown, Iowa, in 2013.

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

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It is generous to say that an acre of Iowa can provide 12,500 miles per year at a cost of 10 cents each. Consider the venerable oil drilling donkey, which cycles once every 7 or 8 seconds. They had better think seriously about financing solar and wind arrays. What this country needed was a good 5-cent kWh, and now we have it.

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