 WARRENVILLE, Ill., Jan. 13 -- General Motors said Sunday that it has taken an ownership stake and formed a partnership with Coskata, a renewable energy start-up company that plans to produce ethanol from agricultural leftovers and municipal and industrial waste.
The partnership represents a rare foray by a major automaker into the production side of non-fossil fuels as GM and its rivals, under pressure from tougher U.S. fuel-efficiency standards, pursue a mix of fuel-efficient vehicles and technologies.
If all the flex-fuel vehicles produced by GM, Ford and Chrysler, plus those the companies have committed to producing by 2010, were to run on ethanol, they would displace 29 billion gallons of gasoline annually, or 18 percent of the projected petroleum usage at that time, Wagoner said.
Labels: alternative fuels, ethanol |
