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Xyleco is developing a process to convert biomass into useful products, [2] including cellulosic ethanol. [3] The board of directors includes Steven Chu. Former US Secretary of State George Shultz was a board member until his death in February of 2021. [4] Employee reviews of Xyleco are mixed.
Pennsylvania, Ohio and West Virginia engaged in a tax competition for the plant. In 2012, Pennsylvania structured a deal requiring Shell to invest at least $1 billion in Pennsylvania and create at least 2,500 construction jobs in exchange for a 25-year tax incentive of $66 million per year and tied to production, reducing Shell's tax by up to 20 per cent.
Expanding ethanol (and biodiesel) industries provided jobs in plant construction, operations, and maintenance, mostly in rural communities. According to RFA the ethanol industry created almost 154,000 U.S. jobs in 2005, boosting household income by $5.7 billion.
Jul. 23—At a time when oil prices have made it particularly painful to gas up a vehicle, when western democracies are struggling with the ethics of buying oil from countries like Saudi Arabia ...
A map of Summit Carbon Solutions proposed $5.5 billion, 1,971-mile CO2 pipeline. Summit plans to resubmit an application after modifying its route.
The 2010 US Ethanol Industry Salary Survey determined that employees about 500,000 people with 75% of such workers making more than $50,000 per year and 99% receiving health benefits. The RFA points out that these jobs, heavily concentrated in rural areas, provide a much-needed economic boost to otherwise depressed places.
The Voyager Ethanol plant in Emmetsburg, owned by POET, LLC, will be converted from a 50-million-US-gallon-per-year (190 × 10 ^ 3 m 3 /a) conventional corn dry mill facility into a 125-million-US-gallon-per-year (470 × 10 ^ 3 m 3 /a) commercial-scale biorefinery producing ethanol from not only corn but also the stalk, leaves, and cobs of the ...
The second-largest U.S. producer is partnering with investment firm Engine No. 1 and electric services company GE Vernova on the project. Chevron's announcement comes a day after Chinese startup ...
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