ETHANOL by ProQuest

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The US military has a goal to obtain half of its fuel from renewable energy sources by 2016. [...] the Pentagon is working to develop technologies to make its planes, ships, tanks, and so on "fuel agnostic," that is, capable to working with any energy source.

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									                                                                                              222 inform April 2010, Vol. 21 (4)


       provides growers and plantation develop-              SG Biofuels will work with a select       to form a ca. $12 billion joint venture (JV)
       ers with access to the highest yielding and      group of partners and collaborators to         in Brazil for the production of ethanol, sugar
       most profitable jatropha in the world, the       optimize JMax for region-specific plant-       and power, and the supply, distribution, and
       sequenced genome, and advanced biotech           ing through the establishment of in-region     retail of transportation fuels.
       and synthetic biology tools to develop cul-      technology centers. In addition to its work         [For comparison, ExxonMobil in July
       tivars specifically optimized for their unique   in Guatemala, the company is collaborat-       2009 announced an investment of as much
       growing conditions.                              ing with the Hawaii Agriculture Research       as $600 million in Synthetic Genomics Inc.
             JMax 100 increases the profitability of    Center to develop a customized jatropha        to develop algae as a biofuels feedstock.]
       jatropha to more than $400 per acre, or more     cultivar that can be used to meet the high          Under the terms of the MoU, both com-
       than 300% above existing commercial vari-        demand for locally grown renewable fuel.       panies would contribute certain existing
       eties. This equates to more than 350 gallons                                                    Brazilian assets to the JV. In addition, Shell
                                                                                                       would contribute a total of $1.625 billion in
       per acre (3,300 liters/hectare) at $1.39 per
       gallon, enabling the large-scale growth of       ETHANOL                                        cash, payable over two years.
                                                                                                            With Cosan’s current annual production
       the nation’s renewable fuel industry and
       development opportunities for community          Brazil becomes                                 capacity of about 2 billion liters and signif-
                                                                                                       icant growth aspirations, the JV would be
                                                        ethanol super-
       farmers, plantation developers, and renew-
                                                                                                       one of the world’s largest ethanol producers.
       able energy investors.
                                                                                                       In addition, the inclusion of Shell’s equity
             Kirk Haney, president and chief exec-
       utive officer of SG Biofuels, said, “While       power with joining                             interests in Iogen (Ottawa, Ontario, Canada)
                                                                                                       and Codexis (Redwood City, California,
       Guatemala now has a significant head-start
       [in the development of jatropha as a renew-
                                                        of Shell and Cosan                             USA), which are working to commercialize
                                                                                                       cellulosic ethanol, would potentially enable
       able energy crop], we anticipate continued       In early February Shell International Petro-   the JV to deploy
								
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