Energy Department invests $375 million into biofuels
Washington DC – The U.S. Energy Department will be investing up to $375 million dollars into biofuel research over the next few years. Three research centers will be built and work should begin in 2008.
The government is looking into a non-corn biofuel that would be competitive in price and performance to corn-based ethanol. The Bush administration has stated that it wants to reduce the country’s gasoline consumption by 20% over the next decade.
Read more … Reuters.
The government is looking into a non-corn biofuel that would be competitive in price and performance to corn-based ethanol. The Bush administration has stated that it wants to reduce the country’s gasoline consumption by 20% over the next decade.
Read more … Reuters.
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