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WASHINGTON—Building on President Obama’s newly announced plan to cut carbon pollution, the Energy Department this week announced four research and development projects to bring next-generation biofuels on-line faster and drive down the cost of producing gasoline, diesel, and jet fuels from biomass. The projects—located in Oklahoma, Tennessee, Utah, and Wisconsin—represent a $13 million Energy Department investment.
One of the projects selected for negotiation is worth up to $2.1 million and located at Oak Ridge National Laboratory. [Read more…]