Tuesday, June 14, 2011

$36 million in biofuel funding from DOE

A story at AHN begins:

The U.S. Energy Department has announced $36 million in funding to six small companies in five states that are developing biofuels and bio-based chemicals. Secretary of Energy Steven Chu says the funding is part of President Barack Obama's pledge to cut American dependence on foreign oil and will help firms in California, Michigan, North Carolina, Texas and Wisconsin.

One of the companies is General Atomics. Depends on what you mean by small.

Companies receiving support include San Diego's General Atomics, where experts are working on refining algal oils into advanced biofuel and Genomatica, Inc. where they are working on converting cellulosic sugars to the valuable industrial chemical, 1,4-butanediol (BDO).


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