Bloomberg

Chevron Defies California On Carbon Emissions

By Ben Elgin & Peter Waldman - Apr 17, 2013 11:01 PM CT

 

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Ethanol Group Critical of Biofuels Policy Paper

DomesticFuel.com
Posted by Cindy Zimmerman – January 8th, 2010

The Renewable Fuels Association (RFA) is calling the new policy paper by Rice University’s Baker Institute for Public Policy released this week a continuation of “the orchestrated campaign to limit, and ultimately eliminate, the use of biofuels to displace foreign oil.”

The report, which was funded by Chevron Technology Ventures, concludes that “the current U.S. biofuels program that promotes corn-based ethanol is far from environmental sustainability and should be dramatically revamped.” Policy recommendations made by the institute are to revise the Renewable Fuel Standard (RFS) to make it “more achievable,” eliminate the tariff on imported ethanol, get rid of the blender’s tax credit and “avoid defining corn-based ethanol as a ‘low-carbon fuel,’ a move that would be based only on political expediency and not on scientific analysis.”

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Chevron invests in renewable diesel pioneer LS9, as early-stage company completes $25 million funding round

Biofuels Digest
September 24, 2009 Jim Lane

In California, LS9 announced it successfully completed a $25 million round of funding. Participating investors included CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures LLC; Flagship Ventures; Khosla Ventures and Lightspeed Venture Partners.

LS9 is currently producing UltraClean Diesel at its pilot facility. UltraClean Diesel has achieved U.S. and Brazilian performance standards for on-road use, and achieves an 85% reduction in green house gas emissions. LS9 has demonstrated its ability to modify the genetic makeup of its microorganisms and precisely tailor LS9 end products to have improved fuel properties such as cetane, volatility, oxidative stability and cold-flow. LS9 will demonstrate commercial scale production of UltraClean Diesel in 2010.

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Mascoma Lands Deal With Chevron to Produce Lignin, Ethanol

GreenTechMedia.com
Michael Kanellos September 14, 2009 at 11:25 AM

Mascoma, which wants to develop microbes that can convert woody biomass into ethanol, has signed a pretty important deal with Chevron Technology Ventures.

Under the deal, Chevron will supply feedstocks to Mascoma, and then Mascoma's microbes will convert the material into ethanol and lignin, the tough protein that protects plants. Chevron will then evaluate the results.

To survive and thrive, biofuel startups will invariably have to partner with the major fuel companies. Chevron already has an R&D alliance with Solazyme, which makes algal biodiesel. Shell has deals with 70 or so different alternative fuel companies, according to sources. Mascoma recently underwent some management changes. CEO Bruce Jamerson became chairman and also chairman of Frontier Renewable Resources, which is trying to raise money to build a plant in Michigan based around Mascoma's microbes. Mascoma is currently looking for a CEO.

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