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Cellulosic ethanol, which has been much slower in coming than hoped, gets a pathway to market in India through a deal with U.S.-based Qteros.
A joint project of Applied CleanTech and Qteros combines feedstock made from sewage sludge and a microbe-based process for turning cellulose into ethanol.
Qteros, formerly SunEthanol, gets $25 million to commercialize a process that uses microbes, rather than enzymes, to make ethanol from non-food feedstocks.
National Research Council says that without "major technological innovation or policy changes" long-term targets for cellulosic biofuels are not likely to be met.
George Soros will invest $1 billion on clean-energy technology, and he plans to provide $10 million a year over the next 10 years for the newly created Climate Policy Initiative.
Critics say it is a failure of government policy, not science, that the U.S. is still so dependent on corn for its biofuels.
Even amid the economic gloom, smaller clean-tech start-ups in efficiency and renewable energy are being funded because demand for their products remains strong.
The Bay State used to rival Silicon Valley for tech industry leadership. Can green tech help it regain some of that cachet?