X Prize competition for 100 MPG vehicle includes two biofuel teams

FROM BLOG: Biofuels Digest - Biofuels Digest - daily biofuels business and financial news.

In California, 22 auto teams have applied and been accepted for the Progressive Insurance Automotive X PRIZE competition to develop the first production-scale vehicle that achieves a fuel economy rating of 100 mpg. Among the contenders for the price are two biofuels teams: North Carolina’s Nelson Tywa Power with its EMC2 Plus, and Florida’s Millmac with its Ceata. A total of $10 million in prize money will be awarded to winners of the competition.

X Prize for aviation biofuels: “The race to refuel American aviation is on,” Transportation Secretary says

LiquidMaze expects to receive air permit; water permit next for long-delayed Colorado ethanol project

North Dakota gives $50,000 to Lakota Biofuels for feasibility study

John Deere debuts corn ethanol contract insurance; will permit farmers to make higher delivery commitments

Biofuels Stock and Financial Outlook for October 18: Stock futures mixed as banking sector weighs on Dow; more plant delays and cancellations announced by ethanol producers