Green company granted $4M from DOE after financier hosts Obama at DSCC fundraiser
- by Lachlan Markay, September 20, 2013. Source: The Washington Free Beacon
[Read "Cellulosic Ethanol: A Bio-Fool's Errand" to learn more about the biofuels company LanzaTech.]
The Department of Energy recently awarded a multi-million dollar contract to a green energy company financed by a major Democratic Party fundraiser and supporter of President Obama.
The $4,000,000 award for biofuel company LanzaTech came just months after one of its chief financiers and public advocates hosted the president at his Portola Valley home for a $32,400-a-head fundraiser for the Democratic Party.
The fundraiser took place in June. DOE announced the award for New Zealand-based LanzaTech, designed to support a gas fermentation system developed by the company, on Thursday.
DOE also awardedLanzaTech a grant worth more than $2.2 million in 2011 to develop biomass fuels.