bp expanded its investment in bioenergy today as bp ventures committed $10 million, leading the Series B investment round, in WasteFuel, a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as bio-methanol. Globally, solid waste production totals about 2 billion metric tons annually and is expected to increase to 3.4 billion metric tons by 20501. WasteFuel’s deployment of anaerobic digestion and methanol production technologies will convert municipal and agricultural waste into viable lower emission alternatives to traditional…
Read Morebp expands investment in bioenergy, collaborating with US biofuels developer WasteFuel
