02 July 2007 00:00 [Source: ICB Americas]
ENERGY OFFICIALS have set aside $375m to fund three new bio-energy research centers in hopes of finding breakthrough technologies toward cost-competitive production of cellulosic ethanol by 2012.
The Department of Energy said the new research centers will be located at the department's Oak Ridge, Tenn., national laboratory, at the University of Wisconsin at Madison, and at the department's national laboratory in Berkeley, Calif.
Energy Secretary Samuel Bodman said the three new research programs "will provide the transformational science needed for bio-energy breakthroughs to advance President Bush's goal of making cellulosic ethanol cost-competitive with gasoline by 2012."
Bush has set a goal of replacing 20% of gasoline with bio-based fuels by 2017.
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