February 04, 2010
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Energy & Renewables Newsletter February 04, 2010 |
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| This Week´s Featured News Stories |
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Obama announces steps to boost biofuels, clean coal
President Barack Obama has announced a series of steps his Administration is taking as part of its comprehensive strategy to enhance American energy independence while building a foundation for a new clean energy economy, and its promise of new industries and millions of jobs. At a meeting with a bipartisan group of governors from around the country, the President laid out three measures that will work in concert to boost biofuels production and reduce our dangerous dependence on foreign oil. The Environmental Protection Agency (EPA) has finalized a rule to implement the long-term ... |
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Shell to do deal with Brazilian biofuel producer Cosan to secure future
Royal Duthc Shell, Europe`s second biggest energy company, is poised to become the biggest oil major in biofuels as it battles to reassure investors about profitability. The Anglo-Dutch company has signed a memorandum of understanding with the most powerful Brazil bioethanol producer, Cosan, in a joint venture said to be worth $12bn (£8.19bn). The move, if finalised, will cement Brazil`s position as the world`s alternative energy superpower with the potential to ship huge quantities of fuel to the United States and Europe. Shell will now lobby the US administration to reduce its tariffs ... |
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