GAVE
Climate neutral gaseous and liquid energy carriers
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GAVE is a government programme that supports the development and introduction of climate-neutral fuels in the Dutch transport sector.
The programme's most important task is to support the implementation of the European Renewable Energy Directive into Dutch national legislation with respect to biofuels.
This EU Directive states that, by the year 2020, 10% of the energy used in the transport sector must be derived from renewable energy.
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| GAVE news |
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BP to Acquire Verenium’s Cellulosic Biofuels Business for $98.3M
Date published: Jul 16, 2010 |
BP and Verenium Corporation announced an agreement for BP to acquire Verenium’s cellulosic biofuels business, including the Company’s facilities in Jennings, LA and San Diego, CA for $98.3 million. Verenium will retain its commercial enzyme business, including its biofuels enzymes products and have the right to develop its own lignocellulosic enzyme program. Verenium will also retain select R&D capabilities, as well as rights to access select biofuels technology developed by BP using the technology it is acquiring from Verenium through this agreement.
Source: GreenCarCongress
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