October 20, 2008

Weekly News Roundup

The green blog is having a bit of a trouble finding worthwhile news for the weekly roundup and wondering if this is a sign of possible hiccups in green investments due to the current economic crisis.

I've heard of a solar IPO being cancelled and another renewable energy company terminating their plans for an acquisition. The good news is that both US presidential nominees have big plans for renewable energy investments but research grants across the board is probably going to have massive cutbacks in the near- to mid-term, which might affect green chemistry R&D and other biobased material developments in government research agencies and university research centers.

On this somber note, here are this week's green news roundup:

Siemens partners with USDA
Siemens Energy & Automation and the United States Department of Agriculture's (USDA) have entered into a Cooperative Research and Development Agreement (CRADA) to convert second generation biofuel feedstock into fuels and chemicals.

Biofoam in Brazilian cars
Brazilian Fiat vehicles and Iveco trucks will be using BioFoam seat cushioning produced by Canada-based the Woodbridge Group. The foam uses polyols derived from plant materials.

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