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A report by Bloomberg New Energy Finance charts reductions in gasoline use, and estimates future reductions due to CAFE and ZEV rules.
After shutting its biofuel plant in January, Range Fuels is being forced to sell its assets after failing to make ethanol from wood chips at scale.
Seeking to boost its activity in renewable fuels, Chrysler is partnering with biofuels and chemicals start-up ZeaChem to speed adoption of cellulosic ethanol.
Critics say it is a failure of government policy, not science, that the U.S. is still so dependent on corn for its biofuels.
Startup Virdia raises funds to test making sugar from wood chips, making it one of many companies trying to create sugars from non-food sources for chemicals, biofuel, or animal feed.
The company, which makes biofuel from a microbes, said it will stay the course, and expects a demo flight with its biofuel soon.
Startup Joule lands $70 million in private equity to build larger-scale plants that make diesel fuel directly from sunlight, carbon dioxide, and nutrients in solar panel-like bioreactors.
Startup gets heavy hitter BASF as investor to advance new method of blasting wood chips with supercritical water at high temperature and pressure to break off the sugars in non-food biomass.
Mascoma and investor Valero plant to build a $232 million plant to convert wood chips normally used for paper or lumber into ethanol, a step forward for the struggling cellulosic ethanol industry.
Projects funded include those utilizing ethanol, biodiesel, and landfill gas made from a variety of renewable biomass resources.