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Wal-Mart gives $369,000 for ethanol research in Arkansas

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 ... Read more →

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