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Tuesday, June 16, 2009 8:28:15 PM
Shell, meanwhile, has partnered with several companies in the biofuels sector, including Iogen in Canada, which is making cellulosic ethanol out of wheat straw. Last month, Shell announced that all its future investments in alternative energy would focus on biofuels and carbon capture and storage. Scoffone explains that "sustainably sourced biofuels could make a substantial contribution to reducing CO2 emissions. Second, they are a natural fit with our downstream capabilities in transport fuels."
From this story on Forbes.
http://www.forbes.com/2009/04/22/codexis-shell-biofuel-technology-breakthroughs-codexis.html?feed=rss_technology
The future is biofuels and even a 'major oil company' realizes it.
"Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment."
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