Launching its renewable energy strategy, the Irish government today announced that it will meet its goal of generating 40% of its electricity from renewable resources by 2020. The government also confirmed that it is engaged in trade talks with Britain to export renewable energy.
Marks & Spencer, one of the leading UK retailers, recently announced that it is doubling the amount of clean energy that its purchasing from small independent producers. This increase means Marks & Spencer will generate enough renewable energy to satisfy the electricity used by 100 M&S Simply Food Stores.
Here are two very different advanced biofuel strategies: Green Plains Renewable Energy, Inc. (NASDAQ: GPRE) is producing algae from byproducts at one of its commercial ethanol plants to make biodiesel, and Codexis, Inc. (NASDAQ: CDXS) is developing biocatalysts to produce advanced biofuel and pharmaceuticals and to remove carbon from smokestacks.