Range Fuels, cellulosic ethanol start-up, looking for cash
Range Fuels, a Broomfield, Colorado start-up trying to produce a more efficent type of ethanol for fuel purposes, is looking for more cash and has decided on the location its first production facility, VentureWire reports today (sub required)
The company was formerly known as Kergy, which VentureBeat first reported here, when Khosla Ventures invested $3.3 million. Later, we explained how it is betting that its “thermal conversion” method, which breaks down organic matter with heat and… Continue Reading
Staggering cost of the Calif. oil fight: $100M
A surprising $100 million has been raised so far in the fight over the California oil tax. Californians will vote in November on whether to put a tax on oil extracted from California wells.
There’s so much at stake in California, because its economic clout often means other states follow its lead. To put this $100M number in perspective, that’s 40 percent of what it cost to run for U.S. president last time, according to… Continue Reading