U.S. creating biofuel research centers to develop new fuels

06/25/2007 | NYTimes.com

Three startup bioenergy companies run by the U.S. Department of Energy are being created around the country to serve as research centers for biofuels. The centers, each capitalized with $125 million, are to be located in Oak Ridge, Tenn.; Madison, Wis.; and near Berkeley, Calif. They are to work with universities, national laboratories and private companies with a five-year goal of bringing new technologies to market.

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