Moving Beyond Corn – The Latest On Alternative-Energy Deals From Dow Jones Clean Technology Investor
Wall Street Journal:
Investors are pouring new money into companies developing alternative ethanol-production technologies.
Sources like paper pulp and barley are gaining attention as the merits of corn-based ethanol as an alternative fuel source is being questioned by environmentalists and politicians because of the fuel’s link to rising food prices.
In May, oil-and-gas giant Marathon Oil Corp. led an $81 million debt-and-equity funding round for Mascoma Corp., a Boston-based company making ethanol from cellulosic plant material. General Motors Corp. is among the investors in that round and it also has partnered with Mascoma to test biofuels. It was the second investment this year by the auto maker in a cellulosic-ethanol company.
Mascoma uses various feedstocks such as woody biomass, corn stover, and paper pulp to make ethanol. Read more.
Related posts:
- Biofuel Guide – Ethanol And Biodiesel As Alternative Energy PR Urgent: Ethanol, as in beer and wine, is an...
- More Corn Ethanol Could Boost Cellulosic Ethanol Wired News: The ethanol industry is taking a beating from...
Related posts brought to you by Yet Another Related Posts Plugin.
