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Mascoma scores another $10m, this time from Marathon Oil

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Mascoma scores another $10m, this time from Marathon Oil

AutoblogGreen (Free subscription) | 05/08/2008

Filed under: Ethanol Last week, Mascoma and GM announced that the automaker would invest an undisclosed amount in the cellulosic ethanol process being developed by Mascoma Corporation. Perhaps its a sign of the times that Marathon Oil Corporation has also ponied up a $10 million equity investment in research and development for the second-gen biofuel process. As part of the Marathon deal, Marathon...

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Oil Company Invests in Cellulosic Ethanol

Domestic Fuel (Free subscription) | 05/07/2008

Marathon Oil has made a $10 million equity investment in the research and development of cellulosic ethanol at Mascoma Corporation The investment is part of $61 million raised in Mascoma’s third round of funding. As part of the investment, Marathon Senior Vice President Cliff Cook has joined the Mascoma Board of Directors. “This investment in Mascoma’s [...]

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AutoblogGreen for 05.08.08

http://www.driive.com/feed (Free subscription) | 05/08/2008

Filed under: Hybrids/Alternative , Green How's this for an idea: add a plug-in hybrid conversion kit to the outside of your car. Sound good? It's called the Poulsen hybrid and it's in the running for the Auto X Prize. Other cool news from the battery-powered vehicle world is more info about the electric Triac , which also might come in truck form. We'll need these options if the predicted $200 oil...

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