Just in time
Feb 16, 2010
KISSIMMEE, Florida (Reuters) - General Motors Co's growing output of vehicles capable of running on ethanol-gasoline blends won't help cut polluting emissions or U.S. dependence on foreign oil until a slim network of stations dispensing ethanol is greatly expanded, GM Vice Chairman Tom Stephens said.
Half of GM's vehicle lineup will be able to run on a mix of 15 percent gasoline and 85 percent ethanol, called E85, by the 2012 model year, said Stephens, GM's vice chairman for global product operations.
"GM is spending about $100 million a year adding flex-fuel capability to our vehicles. We can't afford to leave this capital stranded," Stephens said in a speech on Tuesday at the Renewable Fuels Association conference.
A copy of the speech was provided to reporters on Monday.
February 16, 2010
Novozymes, the world's largest industrial enzyme producer, today launched a new line it says will yield ethanol from plant wastes at an enzyme price of about 50 cents a gallon. The latest product of a decade of research, this marks an 80 percent price drop from two years ago, according to Global Marketing Director Poul Ruben Andersen.
The advances, Andersen said, will help bring cellulosic ethanol production prices to under $2 a gallon by 2011, a cost on par with both corn-based ethanol and gasoline at current U.S. market prices.
Yesterday, Novozyme's competitor, California-based Genencor, a division of enzyme giant Danisco, announced its own new enzyme product, which falls within a similar price range of about 50 cents to make a gallon of fuel, according to Philippe Lavielle, executive vice president of business development.
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"The technology is almost there. It needs to be assembled and demonstrated at the large scale. The bottlenecks are somewhere else," Lavielle said.
Source: The New York Times
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