Business Journal: UC Davis Gets Chevron Grant
Chevron is pledging $25 million to UC Davis for biofuel research.
Tuesday, September 19, 2006
The money will fund efforts to develop cheaper ways of making biofuel for cars and trucks, using farm forest vegetation, urban waste, or crops grown specifically to generate biofuels. Corn is already used to make ethanol…but the possibilities are vast. California farmers want research on making ethanol from rice straw, fruit and nut tree prunings, and from other crop wastes that have little economic value. California has more than 300,000 vehicles designed to use E85, which has 85% ethanol and 15% gasoline. But the limited distribution system in the state causes most to operate on gasoline alone.