Caldera Resources Inc. announced that it has agreed to settle the debts of four creditors of Caldera, who are also insiders of Caldera, and to amend the Letter Agreement to acquire CanBiomine Resources Inc. (“CanBio”) (the “Transaction”) dated September 24, 2008 and announced in a Press Release dated September 25, 2008. The Company is currently experiencing financial difficulties. The...
As President Bush promotes ethanol as a green alternative to gasoline, his administration is quietly relaxing environmental rules for dozens of new corn-to-fuel refineries sprouting up across the nation. The U.S. Environmental Protection Agency is planning to change the way ethanol plants are treated under the Clean Air Act, a move critics say could make it easier for the burgeoning industry to evade...
As President Bush promotes ethanol as a green alternative to gasoline, his administration is quietly relaxing environmental rules for dozens of new corn-to-fuel refineries sprouting up across the nation. The U.S. Environmental Protection Agency is planning to change the way ethanol plants are treated under the Clean Air Act, a move critics say could make it easier for the burgeoning industry to evade...
BACK in 1999, when she was the head of refining at Chevron, Patricia A. Woertz told a group of energy officials that it was time to stop mixing agricultural policy with fuels policy. In that same speech, at a fuels conference in Washington, Ms. Woertz also publicly expressed worry about the unintended consequences of a federal mandate requiring the use of corn-based ethanol in gasoline. Today Ms. Woertz...