News Brief

BP Funds Energy Institute

The energy firm BP (formerly British Petroleum) has announced the creation of the Energy Biosciences Institute and has selected the University of California–Berkeley, the University of Illinois–Urbana-Champaign, and Lawrence Berkeley National Laboratory to lead the effort. In addition to contributing $500 million over ten years, BP will also help to run the institute, which has a stated goal of research into alternative fuels, especially biofuels. If approved by the legislature, the State of California will contribute $40 million to the institute.

Published April 5, 2007

Wendt, A. (2007, April 5). BP Funds Energy Institute. Retrieved from https://www.buildinggreen.com/newsbrief/bp-funds-energy-institute

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