We are standing at this point when we just have to either find or develop the fuel of the future. The fact is that mounting concerns over climate changes push us to look for alternative fuels or just fuels of the future. The need is even bigger when we take into account the fact that all reserves of known fossil fuels are slowly running out…
If one thinks that renewable energy is the future, then s/he can be surprised with a new decision made by BP Plc. Surprising or not, BP Plc has informed that it wants to get rid of its US wind arm. The sale of the US wind farm assets will close a chapter in the BP’s history of involvement in renewable energy which is also named the fuel of the future. The company intends to fully focus on its oil and gas projects as they are most profitable.
On the 28th of November, the Green Investment Bank (GIB) is due to be officially opened by the Business Secretary Vince Cable. The Green Investment Bank, which will be entirely dedicated to green projects, is funded with £3 billion of UK government’s money. The official launch of the new bank is to take place in Edinburgh. The Business Secretary Vince Cable is expected to announce two green projects which will be supported by the first green bank in the world.
The interest for creating biofuels from algae and other sea-water plants have been increasing off late. Scientists at NASA Glenn Research Center in Cleveland have been trying to fill the skies with algae and explore new means to create alternative energy source for commercial aviation. It seems like Bilal Bomani, a scientist at NASA Glenn Research Center, Cleveland, has tied the future of space exploration to sub-aquatic life.
Corn-based fuels have been subsidized by the U.S Congress for more than three decades, ever since the Energy Tax Act of 1978. But, this week, when Congress adjourned for the winter recess, they didn’t renew the ethanol tax breaks for industry leaders.
Sustainable Aviation Leader UK airline company, Thomson Airways, announced on 5th July, that it will operate Britain’s first flight run on sustainable biofuel on 28th July 2011 from Birmingham to Palma. Britain’s Government has recently announced its desired target of reducing carbon emissions by 50% by 2025. Given that the use of sustainable biofuels offers [...]
Solazyme, Inc. is a renewable oil and bioproducts company and the leader in algal biotechnology. Using industrial fermentation equipment to efficiently scale and accelerate the microalgae’s natural oil production time to just a few days, Solazyme’s feedstock flexible platform has the ability of utilizing a wide variety of plant-based sugars, like sugarcane-based sucrose, corn-based dextrose, [...]
Cellulosic Ethanol Biorefinery to be constructed in Michigan Finally there’s some good news for Ethanol producers who have been facing a lot of criticism as blame comes in from the industry for driving up the price of corn. Cellulosic Ethanol – a new form of Ethanol that uses a variety of non-food sources as its [...]