Energy Sec. Chu Calls for Cleantech Revolution To Create Green Jobs, Rebuild Our Economy, and Save The Environment

Last week, at the National Clean Energy Summit 2.0 in Las Vegas, Energy Secretary Chu called for a revolution, “a second industrial revolution.” The first industrial revolution came with a “carbon dioxide cost” but “in the next industrial revolution, we must develop technologies that will enable us to get the energy the world needs to grow and prosper but “essentially reducing and eliminating the carbon dioxide,” he said. Chu said the United States has the greatest research and development centers in the world in universities, national labs and the private sector. “Once we get this great invention machine geared and going we’d be invincible. But the only trouble is, let’s get it going.”

Department of Energy Announces $800 Million in Funding to Biofuels

US Department of Energy Secretary Chu announced plans to provide nearly $800 million from the American Recovery and Reinvestment Act targeted towards advancing biofuels research and development and for commercial-scale biorefinery demonstration projects. The $786.5 million in Recovery Act funding a mix of new funding opportunities and additional funding for existing projects, will be allocated over four main areas. Integrated pilot- and demonstration-scale biorefineries projects are to receive the bulk of the funding with the remainder going to commercial-scale biorefinery projects, fundamental research in key areas to advance cutting-edge conversion technologies, including generating more desirable catalysts, fuel-producing microbes, and feedstocks and to ethanol research.