Cowboy capitalists promote slime in your gas tank to curb carbon emissions

authordefault
on

Two San Francisco Bay area investors โ€“ having trolled through the dizzying world of renewable fuels from wave power, to hydrogen fuel cells, to lithium batteries, to cow manure for making methane โ€“recently launched their own company, LiveFuels Inc., to find an energy-efficient way to convert algae intoย fuel.

They are among hundreds, if not thousands, of start-ups in the alternative-energy business, some so tiny they are run out of home basements. But the bigger ones are beginning to take off. A handful is now building at least three demonstration plants to convert wood chips and grasses into ethanol in the United States andย Canada.

Meanwhile, U.S. venture capital flowing into clean energy leapfrogged to more than $2.4 billion in 2006, more than double that invested in 2005, and more than triple from 2004, according to Clean Edge, a research and consulting firm. The numbers are small compared with the research budgets of the big oil companies, but the ascent of venture capital in renewable energy has reminded some Silicon Valley venture capitalists of the early flow of money into the Internet in theย mid-1990s.

authordefault
Admin's short bio, lorem ipsum dolor sit amet consectetur adipisicing elit. Voluptate maxime officiis sed aliquam! Lorem ipsum dolor sit amet consectetur adipisicing elit.

Related Posts

Analysis
on

Fact checking Conservative leader Pierre Poilievreโ€™s revisionist narrative of how the Liberals ruined everything.

Fact checking Conservative leader Pierre Poilievreโ€™s revisionist narrative of how the Liberals ruined everything.
on

A lawsuit charges National Grid, a major gas utility, with mismanaging a toxic industrial site near two densely-populated residential neighborhoods.

A lawsuit charges National Grid, a major gas utility, with mismanaging a toxic industrial site near two densely-populated residential neighborhoods.
on

New findings from an alliance of NGOs challenges the belief that climate falsehoods are confined to social media.

New findings from an alliance of NGOs challenges the belief that climate falsehoods are confined to social media.
on

Local officials are considering developer Balicoโ€™s plans to build the biggest gas-fired power plant in the U.S. in over a decade.

Local officials are considering developer Balicoโ€™s plans to build the biggest gas-fired power plant in the U.S. in over a decade.