Last month, the Wal-Mart Foundation gave $369,000 to the Arkansas Biosciences Institute for cellulosic ethanol research, specifically biomass-to-ethanol work. For comparison, Wal-Mart earned $351,139,000,000 last year.
While most of the research done at ABI focuses on tobacco-related issues (the institute was formed thanks to the Tobacco Settlement Proceeds Act of 2000), the Wal-Mart money will be used to try and get biofuel out of "the state's agriculture and forestry resources," according to Domestic Fuel, which means making ethanol from things like "plant stalks and leaves, agricultural residues and forestry residues."
Wal-Mart has been supporting ethanol for many years and also has a toe in LNG trucks and electric drive vehicles.
[Source: Domestic Fuel]
While most of the research done at ABI focuses on tobacco-related issues (the institute was formed thanks to the Tobacco Settlement Proceeds Act of 2000), the Wal-Mart money will be used to try and get biofuel out of "the state's agriculture and forestry resources," according to Domestic Fuel, which means making ethanol from things like "plant stalks and leaves, agricultural residues and forestry residues."
Wal-Mart has been supporting ethanol for many years and also has a toe in LNG trucks and electric drive vehicles.
[Source: Domestic Fuel]
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