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Alternative fuels industry honors biodiesel chiefWhen it comes to domestic energy solutions, National Biodiesel Board CEO Joe Jobe has often said there is "no silver bullet." But apparently there is a "golden bullet." Honored today with the Alternative Fuel Vehicle Institute's Golden Bullet Award, Jobe pointed out that biodiesel is among renewable energy solutions that, when combined, pack a powerful opportunity to lead America towards energy independence. "Biodiesel is just one key part of the solution to reduce our nation's dependence on foreign oil, preserve our natural resources, reduce harmful greenhouse gas emissions and provide sustainable energy," said Jobe.READ MORE GlycosBio closes series A round of $5 millionGlycos Biotechnologies, Inc. (GlycosBio) announced the closing of a $5.0 million Series A round of financing led by venture capital firms Draper Fisher Jurvetson (DFJ) and DFJ Mercury, both leading investors in early-stage clean technology companies. Proceeds from the Series A financing will be used to hire key technical talent and to commercialize GlycosBio technology to manufacturing scale.READ MORE  OriginOil achieves rapid algae oil extractionOriginOil Inc. is making progress towards reducing the cost of harvesting algae and extracting the oil in a rapid, one-step process. After integrating this process into its own algae production system, OriginOil plans to quickly commercialize the patent-pending process for use by others in the algae industry. While a number of developers have been working on various systems to efficiently grow algae, a major hurdle for the industry has been efficiently harvesting the algae and extracting the oil.READ MORE Iowa Biodiesel Board applauds state B5 legislationThe Iowa Biodiesel Board applauds Senate passage of a Biodiesel Fuel Quality Standard (SF 464), requiring the use of a five percent biodiesel blend in every gallon of diesel sold in the state of Iowa. Continuing the bipartisan tradition of promoting renewable fuels, the bill was written by Senate President Jack Kibbie (D, Emmetsburg) and sponsored by 30 other senators. "Today's Senate passage of the Biodiesel Fuel Quality Standard demonstrates bipartisan agreement that biodiesel is vital to Iowa's rural economic development," said IBB Executive Director Randy Olson. "We look forward to strong bipartisan support for this bill in the House.READ MORE Report discusses Argentine biodiesel industryThe Argentine Renewable Energies Chamber has updated its report of the current state of the Argentinean biodiesel industry, covering the past six months. Although Argentina is among the top five biodiesel producing countries in the world, it is only operating at about half of its total installed capacity, the report found. Total industry production reached 1.07 million tons (319 million gallons) in 2008, with sales in excess of $1.3 billion. The AREC said that estimates made last October of total 2008 production of 1.2 million tons (358.8 million gallons) was not met because beginning that month, a rapid decline in demand and pricing took effect.READ MORE Groups weigh in on the approaching CARB hearingThe debate on indirect land use change was heating up April 21 in advance of the April 23 hearing of the California Air Resources Board on its Low Carbon Fuel Standard. While the board's decision will impact all alternative fuels in the California market, CARB's indication to include a measure of indirect land use (ILUC) change in its definitions had the corn ethanol industry, in particular, marshalling evidence to show inadequacies in the ILUC concept.READ MORE |
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