SAN DIEGO California's air board next week will emphasize the need to set a greenhouse gas reduction target for 2030, a potential guidepost as the state eyes an ambitious 2050 emissions goal, a top executive said here.
Ready for some genetically altered algae in your Dove soap or Ben & Jerry's ice cream?
South San Francisco biofuel company Solazyme has struck a deal with British conglomerate Unilever to manufacture 3 million gallons of algae-based oil for the multinational whose brands include Dove and Ben & Jerry's.
Financial terms were not disclosed, but it's a big one for Solazyme, which started out 10 years ago producing jet and automobile fuel from algae and has since expanded into food and cosmetics with its "microalgae" additives.
CALIFORNIA CLEAN TECH INVESTMENTS SHIFTING FROM R&D TO DEPLOYMENT — REPORT:
Corporations are aggressively moving into greentech to deploy VC-backed innovation.
“Of the $2.6 billion of cleantech venture capital investment in 2012 in California, $1.45 billion included corporate investors,” according to Cleantech Investment: A Decade of California’s Evolving Portfolio, a survey of California greentech investing between 2003 and 2013 from Next 10, an independent California greentech advocate. That corporate portion was 56 percent of 2012 VC investment.
Recent warnings about the dangers of overreliance on petroleum have come from an unlikely cast of characters, including former presidential candidate Ron Paul, business magnate T. Boone Pickensand even a Saudi prince (who warned against his nation’s over dependence on oil exports).