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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.
Three senators reach deal to repeal the $6 billion-per-year ethanol tax credit by the end of July, an agreement that must still be passed by Congress.
Fuel refiner Valero joins Enerkem as a strategic investor with money to finance construction of a garbage-to-ethanol plants.
Although vote may ultimately be symbolic, move underscores increasingly hostile attitude toward federal ethanol support.
Plain old microbes and some more experimental technologies can help municipalities cut garbage tipping fees and capture valuable bio-energy and compost.
Mascoma gets up to $50 million from oil refiner Valero Energy to build and use cellulosic ethanol from biorefinery in Michigan.
Government is supporting the development of new feedstocks for ethanol to ease dependence on corn.
A ballot measure to suspend a California emission-reduction law until unemployment improves is decried by Google, which thinks that could derail clean-tech investment.
Valero Energy plans to share and develop transportation fuel technology with Algenol Biofuels.
Full-year sales and earnings drop but revenue manages to beat expectations, as higher software sales are forecast for 2010.