Alan Shaw, the chemist and executive who led a six-year effort to turn inedible crops into fuels to displace gasoline, has renounced the industry he helped pioneer and decided the future instead lies with natural gas. Formerly chief executive officer of Codexis Inc. (CDXS), the first advanced biofuel technology company to trade on a U.S. exchange, Shaw now says it’s impossible to economically turn crop waste, wood and plants like switchgrass into fuel.
President Barack Obama says his picks to guide energy and environmental policy in his second term will lead the charge against global warming, a fight that may have one immediate beneficiary: natural gas. Obama picked Ernest Moniz, a Massachusetts Institute of Technology scientist, for U.S. Energy secretary and Gina McCarthy, a longtime environmental regulator, to […]
Brazil’s natural gas output could nearly double by 2020, reaching up to 120 million cubic-meters a day, as Latin America’s biggest country increases the number of offshore platforms to take advantage of huge deep-sea oil reserves, the general director of the National Petroleum Authority, or ANP, said Wednesday.
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