Although the production of biofuels does not necessarily reduce our carbon footprint, they do reduce our reliance on politically volitile crude oil. This article argues the fact that corn acreage is bettr spent on producing biofuels then cheap junk foods.

Why Venture Capitalists are Bullish on Biofuels | Business | GreenBiz.com.

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• Doubled Yield For Bio-fuel From Waste (tech.slashdot.org)
• New technique improves efficiency of biofuel production (physorg.com)
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DOE ARPA-E Oil Fuel Alternatives – Synthetic Fuel Research – Popularmechanics.com.

These intiatives by the DOE are promising.

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• ClearFuels Announces Development of Co-Located Commercial Scale Biorefinery Facility for Renewable Synthetic Fuel Production in Tennessee (eon.businesswire.com)
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• ‘No idea’ where deep water oil is drifting (cnn.com)
• Department of Energy Awards $4 Million to Planar Energy Under Its Advanced Research Project Agency-Energy Initiative (eon.businesswire.com)
• DOE’s Chu looks to past for energy breakthroughs (news.cnet.com)
• ARPA-E funds fuel-making microbes, batteries, carbon capture (news.cnet.com)
• ARPA-E backs battery and biofuel researchers with $106M in grants (techflash.com)
• US grants $106m for clean energy research projects (newstatesman.com)
• US government throws $106m at “disruptive” clean tech (businessgreen.com)
• Rentech’s Synthetic Jet Fuel Powers First U.S. Commercial Flight on Certified Alternative Fuels (eon.businesswire.com)
• Rentech Schedules Fiscal 2010 First Quarter Conference Call (eon.businesswire.com)

100 Percent Renewable? One Danish Island Experiments with Clean Power [Slide Show]: Scientific American.

One Danish island community owns shares in the wind turbines that meet their energy needs and also generates a check in real income.

Related articles:

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Copenhagen: Soros Proposes $100B Climate Fund. Soros will invest $1 billion of his own money into a fund for clean tech and green energy initiatives.

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• Obama says energy projects put US back to work (seattletimes.nwsource.com)
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Paper-thin Batteries Made from Algae | LiveScience.

New biodegradable battery made from cellulose from what is a pest of an algae named Cladophora, an hairlike freshwater plant prevalent throughout the world, could bring innovative uses.

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A report by Thomson Reuters on the growing alternative energy sector has been published:

BioCentric Energy Holdings Production Update – Yahoo! Finance.

One algae biofuel company’s recent results and current investment potential.

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• 2nd Algae Biofuel Summit 2009 takes place in India in September (energyrefuge.com)
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• Marine algae project launches with €6m in funding (lightbulbs.org)
• ExxonMobil to research algae-based biofuels with Synthetic Genomics (dailyfinance.com)
• ExxonMobil, genome genius Craig Venter sign on for algae-fuel race (dailyfinance.com)

British Petroleum , or BP, has closed its London headquaters for alternative energy and its head has stepped down and is cutting way back on its 1.4B dollar investment. Well that’s just great. Thanks BP.

BP = “Back to Petroleum?” | Mother Jones.

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• New chairman to ring the changes at BP (telegraph.co.uk)
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• BP, China win right to develop Iraq’s Rumalia oil field (financialpost.com)

20% Renewables by year 2020 with 30 billion dollars investment in green and reneweable energy sources is the target set by Beijing. This is good news forone of the world’s most polluting countries, fueled by the trade revolution of the past couple of decades. Now, like everywhere else, tight budgets are helping to drive the need for lower cost and consumption of energy.

China makes renewable power play to be world’s first green superpower | Jonathan Watts | Environment | guardian.co.uk.

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PG&E strikes huge solar power deal with BrightSource – San Jose Mercury News. Pacific Gas & Electric now has 2,610 megawatts, more than 40% of large scale solar thermal in the U.S.

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• Eye Openers: What’s hot around the Bay – San Jose Mercury News (netnewmusic.net)
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