FUEL Gets $115M for Ethanol Plant: First United Ethanol LLC received $115 million in debt financing for its new 100 million gallons a year ethanol plant in Georgia – Ethanol Producer Magazine.
“Green Freedom” From the Birthplace of the H-Bomb: Researchers at Los Alamos are developing a carbon-neutral, sulfur-free syngas production and conversion process that pulls CO2 out of the air. For those of you who wanted a Manhattan Project-style take on climate change, here you go – Green Car Congress.
In Need of Better Biofuels: In the wake of the recent volley of scientific attacks on the environmental efficacy of biofuels there has been loud call for second-generation biofuels. While these guys pontificate we know a few startups doing just that – SFGate, World Changing.
Bank of America Joins Carbon-Wary: After Citigroup, J.P. Morgan and Morgan Stanley announced their “Carbon Principles,” Bank of America has come out and said it will start considering the cost of carbon when underwriting debt for new coal-fired plants, estimating that a federal cap would require utilities to pay between $20 and $40 per ton of emitted CO2 – WSJ’s Environmental Capital.