Fuel From Utility Poles: Cellulosic Ethanol Heats Up in Cool Economy

Image courtesy of Enerkem

Utilities may soon be helping to bring biofuels to your gas tank in an unexpected way. Montreal-based Enerkem recently announced it has finished building what it’s calling its first commercial-scale plant, one that will make cellulosic ethanol, methanol and various biochemicals from discarded utility poles. After 14 months of construction, the Westbury, Quebec, factory was [...]

Cleantech Investment Slowdown Predicted in 2009

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At first glance, the latest numbers from the Cleantech Group look like terrific news. After all, they conclude that 2008 was a record year for cleantech investments, with venture deals in North America, Europe, Israel, China and India reaching a total of $8.4 billion, up 38 percent from $6.1 billion in 2007. But most of that [...]

Move Over Gore: Bjork Becomes Newest Cleantech Celebrity VC

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Think of Björk and the Icelandic musician’s bizarre videos, eccentric clothing and eclectic music might spring to mind. Now she’s bringing a new theme to her persona: money. Reykjavik, Iceland-based Audur Capital is raising money for its second venture-capital fund, named Björk, focused on greentech startups (via Earth2Tech and The New York Times). The singer [...]

Cascadia CEO's Cleantech Forecasts for 2009

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It’s been quite a year for the cleantech industry, with roller-coaster oil and stock prices, multiyear federal tax credits finally passed after more than a year of narrowly failed attempts, the beginning of a recession and the election of a new president. “It feels like it’s been three years in one just with all the [...]