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Blogs under tag Biofuel

Tax Concessions for Biofuels Posted by Aathmika on Tue August 03 2010 10:24:31 AM 1

Algal Biomass Organisation and its sister concerns have for long asked tax concessions favoring second generation bio fuels.
Subsequently a legislation has been introduced that would make algae and other second-generation biofuels eligible for cellulosic biofuels production tax credit and create optional investment tax credit.
This can help second-generation advanced biofuel projects make the crucial step to commercializing innovative technologies.
It will help improve the economy by creating jobs in the algae, advanced and cellulosic biofuels sectors.This is a much-needed boost by Congress

Cleaner Skies Posted by Aathmika on Thu July 22 2010 02:08:10 PM

Commercial airlines may derive 1 percent of their fuel by 2015 from biofuels made of plants including algae, Boeing Co.?s environment chief said.

Carriers including British Airways Plc and Continental Airlines Inc. are testing the carbon-cutting alternative fuels as the global air industry accelerates efforts to slash greenhouse-gases blamed for global warming.