BREAKING: GM Announces Biofuel Partnership: Cheap, Green Ethanol?

LIVE FROM DETROIT AUTO SHOW: GM ANNOUNCES PARTNERSHIP WITH BIO-BASED ETHANOL PRODUCER COSKATA BIOFUELS TO RAPIDLY COMMERCIALIZE AND DISTRIBUTE ETHANOL FOR FLEXFUEL VEHICLES.

At noon today, General Motors announced an undisclosed equity share in Coskata, Inc., a renewable energy company with the means to produce low-cost ethanol from virtually any carbon-containing feedstock including biomass, municipal solid waste—even used car tires. GM believes Coskata has the premier technology for rapidly implementing ethanol production technology worldwide.

Coskata claims it can produce ethanol for under $1.00 per gallon from almost any carbon-containing feedstock, while reducing greenhouse gas emission by 84% compared to gasoline, using only 1 gallon of water for each gallon ethanol produced, and returning 7.7 times as much energy as is used in the production process.

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http://gas2.org/2008/01/13/gm-announces-biofuel-partnership-cheap-green-ethanol/

From: gas2.org