Tuesday, August 16, 2011

Petrobas to invest $2.5 billion in increasing biodiesel and ethanol production between 2011 and 2015

76% of the investment is directed to increasing ethanol production.

**Separately, U.S. Sen. Tom Udall was at New Mexico State University on August 9, 2011 to announce plans for legislation that will mandate parity for algae and other non-cellulosic advanced biofuels, in terms of production requirements and subsidies under the renewable fuel standards. Also present at NMSU was Denise Gitsham, director of corporate affairs and legislative counsel for Sapphire Energy, Inc., owner of a large biorefinery in Columbus, N.M. NMSU itself recently moved into algae bio-oil production mode with a new 4,000-liter Solix BioSystems algal photobioreactor, which joined four smaller algae "raceways" at the Fabian Garcia Science Center in Las Cruces.

Pete Lammers is an NMSU research professor and the technical director of the university's Algal Bioenergy Program.

**Separately, BiofuelsDigest is promoting bracket-mania in biofuels:

“Now its up to the readers to sort out perception from reality,” commented Biofuels Digest editor Jim Lane. “This competition is not about what a well-placed investor would like you to think. It’s about what you think – your chance to have a say about the technologies.

Crowd-sourcing at its best? How about the two patent infringement suits brought by Butamax against Gevo? Do the readers (or investors) care about patents?

**Elsewhere on the green scene:

Evergreen — hurt by lower-cost competition in China and plummeting prices for solar panels — also said it will cut more jobs — 65 layoffs in the United States and Europe, mostly through the shutdown of its Midland, Mich., manufacturing facility. That would leave Evergreen with about 68 workers according to a head count listed in the bankruptcy filing.

To cut costs, Evergreen shifted some of its production to Wuhan, China, last year. That joint venture will remain operating subject to financing talks with Chinese investors.

link: http://www.bostonherald.com/business/technology/general/view.bg?articleid=1358998&pos=breaking


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