* US and China reach historic climate change deal, vow to cut emissions. This should help Bluefire, China's investment in BIO, using ethanol in place of gasoline, will reduce carbon dioxide emissions by an average of 34% compared to gasoline. The current 13.3 billion gallons of ethanol produced reduced greenhouse gas emissions from on-road vehicles by 38 million metric tons. That's equivalent to removing 8 million cars from the road.
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