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EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

The US Environmental Protection Agency (EPA) is hosting its 16 th annual Presidential Green Chemistry Challenge Award ceremony tonight in Washington, DC. Separately, a new report by Pike Research forecasts that green chemistry represents a market opportunity that will grow from $2.8 billion pound, $3-billion worldwide market.

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National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. In the cap-and-trade debate [in Washington] there was no real template, it was political from the beginning. Harness market forces using LCFS credits.

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