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Corn-based ethanol producer says it will soon compete with gasoline

POET, which currently produces 1.5 billion gallons a year of ethanol from corn, said its one-year old pilot plant has reduced the cost of making ethanol from corn cobs from $4.13 a gallon to $2.35 a gallon by cutting capital costs and using an improved ...

From STEVEN MUFSON, The Washington Post,  18 Nov 2009

Related Topics: Environmental Protection Agency

U.S., China to act on emissions

The question of whether the United States would identify a short-term emission goal has been one of the main sticking points in the United Nations-sponsored talks for nearly a year. Almost all industrialized nations, and many major developing countries, ...

From JULIET EILPERIN AND STEVEN MUFSON, The Washington Post,  17 Nov 2009

Related Topics: Barack Obama,  United Nations,  U.S. Senate,  Environment and Public Works Committee,  Max Baucus

In paper industry tax credit, lawmakers see way to help pay for health reform

Democratic leaders, who have been searching high and low for ways to pay for health-care reform, have fixed their sights on a cellulosic biofuel tax subsidy that could benefit the paper industry, which has been burning a pulp byproduct known as black ...

From STEVEN MUFSON, The Washington Post,  8 Nov 2009

Related Topics: International Paper Company,  Environmental Protection Agency,  Barack Obama,  Internal Revenue Service,  Bank of America

Large corporations sitting on piles of cash

Today, as a result, the company, based in North Carolina, has a $2.2 billion cash horde - and one year into the Great Recession, its chief executive Daniel DiMicco is sitting on it. "Everything is still on hold because we don't have a lot of ...

From STEVEN MUFSON, San Francisco Chronicle,  7 Nov 2009

Related Topics: Mark Zandi,  Citigroup,  Microsoft Corporation,  Google Inc.

Chinese company to buy a stake in AES

AES, the Arlington-based power generating company, said Friday it would raise $2.2 billion for new projects by selling 15 percent of its stock and more than a third of its wind-generation business to a unit of China's sovereign wealth fund. AES said ...

From STEVEN MUFSON, The Washington Post,  6 Nov 2009

Related Topics: Morgan Stanley

Chinese sovereign wealth fund to buy stake in AES

AES, the Arlington, Va.-based power generating company, said Friday that it would raise capital for new projects by selling a 15 percent stake in the company to a unit of China's sovereign wealth fund for $1.6 billion. AES said the China Investment Corp. ...

From STEVEN MUFSON, The Washington Post,  6 Nov 2009

Companies sitting on piles of cash

In the summer of 2008, steel giant Nucor decided to raise some cash. It issued new shares of stock and floated some corporate bonds. As financial markets crumbled, the company ignored pleas from some investors and analysts that it buy back shares, which ...

From STEVEN MUFSON, The Washington Post,  5 Nov 2009

Related Topics: Mark Zandi,  Citigroup,  Microsoft Corporation,  Google Inc.,  Edward Yardeni

GM decision to keep Opel angers German government, unions

German government and labor union leaders Wednesday blasted General Motors' decision to cancel the sale of a majority stake in its Opel division, but GM assured them that its own restructuring plan for Opel would closely resemble the one that would ...

From STEVEN MUFSON, The Washington Post,  4 Nov 2009

Related Topics: General Motors,  Magna International, Inc.,  Angela Merkel,  Sberbank,  Vauxhall

China tackles its carbon emissions

LANGFANG, China - At a gleaming new research center outside Beijing, about 250 engineers and researchers from ENN Group are trying to figure out how to make energy use less damaging to the world’s climate. In a large greenhouse, hundreds of tubes hold ...

From STEVEN MUFSON, Boston Globe,  31 Oct 2009

Related Topics: U.S. Congress,  Hu Jintao,  United Nations,  ABB LTD

Nuclear regulator broke rules, says inspector general

A former member of the Nuclear Regulatory Commission violated government ethics rules by directly contacting potential employers with business before the NRC before the end of his term in mid-2007, according to a report by the commission's inspector ...

From STEVEN MUFSON, The Washington Post,  29 Oct 2009

Related Topics: Shaw Group Inc.,  Nuclear Regulatory Commission,  Toshiba,  General Electric,  U.S. Department of Justice

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