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Study claims algae could replace 17 percent of U.S. oil imports by 2022

Shook Hardy & Bacon LLP
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USA
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April 21 2011

The Department of Energy's Pacific Northwest National Laboratory (PNNL) has released a study claiming that algae-derived oils could replace 17 percent of the nation's imported oil by 2022

Macro-algae attracting millions in government and industry financing

Shook Hardy & Bacon LLP
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USA
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October 21 2010

According to news reports, macro-algae, or seaweed, is being viewed by major investors as a better source of sugars for ethanol, biofuels, biochemicals, and biopolymers than land-based crops, because it grows faster, has a higher sugar content, absorbs more airborne carbon, and can be harvested up to six times each year

Energy interests and investors concerned about new derivatives regulation

Shook Hardy & Bacon LLP
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USA
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October 21 2010

While European and U.S. regulators develop new rules to govern derivative transactions, energy companies and investors are reportedly expressing concerns about the potential for measures that are intended to rein in the risks taken by financial institutions to affect their business

EPA approves biofuel additive

Shook Hardy & Bacon LLP
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USA
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December 16 2010

Gevo Inc., a Colorado-based renewable chemicals and advanced biofuels company, recently announced that the Environmental Protection Agency (EPA) has cleared its isobutanol for use as a fuel additive

Market study highlights key algae biofuel, biochemical success traits

Shook Hardy & Bacon LLP
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USA
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April 7 2011

Emerging Markets Online recently released an algae study that "highlights why some algae companies will be winners and some will be losers bringing their product from pilot to commercial scale from 2011-2020.”

Commercial airlines receive preliminary approval to use bio-based fuel

Shook Hardy & Bacon LLP
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Global, USA
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June 16 2011

The ASTM International Committee on Petroleum Products and Lubricants has reportedly given preliminary approval to the use by airlines of a new jet fuel that blends traditional fuel with biofuel from organic waste and inedible plants

Algae-based biofuel company files $100 million initial public offering

Shook Hardy & Bacon LLP
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USA
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March 24 2011

San Francisco-based Solazyme, Inc. has reportedly filed a $100 million initial public offering (IPO) in a move that makes it one of the first biofuel companies using algae to list on a major stock exchange

G20 agriculture ministers sidestep biofuels issues in Paris

Shook Hardy & Bacon LLP
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USA
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June 30 2011

While the U.S. Congress is trying to balance the budget with cuts to programs subsidizing bio-based fuels and infrastructure, G20 agricultural ministers meeting in Paris to address a continuing global food supply crisis issued a declaration that failed to reach an accord on whether or how to cut or end biofuel subsidies

USDA establishes 50,000 acres in midwest for biofuels crops

Shook Hardy & Bacon LLP
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USA
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May 19 2011

The U.S. Department of Agriculture (USDA) has announced it will designate 50,000 acres in 39 contiguous Kansas and Missouri counties “for the production of dedicated feedstocks for bioenergy.”

United Airlines flies first biofuel-powered U.S. commercial flight

Shook Hardy & Bacon LLP
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USA
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November 17 2011

A United Airline’s Boeing 737-800 has become the first American commercial passenger jet to fly using advanced biofuels, following by just four months its approval by international aviation regulators