Branson is also trying to push bio-fuels in the airline industry, but the plan is controversial.
The food products are processed to recover liquid fat which is used in the manufacture of bio-fuels.
President Obama specifically mentioned clean coal, shale oil and gas as well as well bio-fuels and renewable energy.
Further, corn-based bio-fuels used in transportation consume much greater amounts of water than does the drilling for traditional oil.
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How about green-collar jobs for people who are going to put solar panels on rooftops, do the work on bio-fuels and everything else?
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Another goal, kick-started by a grant from British Petroleum, is to create bacteria that can efficiently turn corn and other plants into bio-fuels.
The MPs call for a more coherent approach to fuel duties, and especially suggest insufficient incentives are being provided for people to use bio-fuels.
Oil giant BP, meantime, says that those bio-fuels could provide up to 23 percent of the global demand for transportation fuels by 2030.
Among the first beneficiaries of this fund are Alta Devices (manufacturer of solar photo-voltaic cells), Ciris Energy (developer of cleaner coal), and CoolPlanetBioFuels (which produces clean bio-fuels).
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The loan guarantee program at issue allows the Energy Department to help finance certain renewable energy projects, electric transmission systems and bio-fuels projects that begin construction no later than September 30, 2011.
Voigt is at the forefront of a group of young researchers working to deliver on the profound promise of genetic engineering: Rebuilding living organisms to fight disease, make bio-fuels and solve industrial problems.
Another goal, kick-started by a grant from British Petroleum (nyse: BP - news - people ), is to create bacteria that can efficiently turn corn and other plants into bio-fuels.
Plymouth Bio-Fuels is the only outlet in Devon and there are only about 30 Bio-Fuel factories around the UK at the moment, but they are increasing in number with the support of environmental groups like Friends of the Earth.
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DuPont and BP, riding the global wave of enthusiasm for bio-based fuels, announced today that the two companies have developed a new biofuel called biobutanol that they say has 30% more energy density than ethanol.
Many airlines -- Virgin being one example -- are actively developing bio-fuel technologies in an attempt to reduce their reliance on carbon-emitting fossil fuels, while a great deal of work is being done in the area of improving air-traffic management.
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Work will involve bio-refining, and developing different processes to turn crops such as rye grass, miscanthus (a perennial grass), oats and artichokes into products ranging from fuels to cosmetics, pharmaceuticals, textiles, bio-plastics, food and health products.
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