The Obama administration is set to pledge $100 million Friday to expand the use of special fuel pumps that allow drivers to blend more ethanol into their gasoline, according to people briefed on the announcement.

The U.S. Department of Agriculture, which has long championed these so-called blender pumps, may unveil the plan on the same day that the Environmental Protection Agency announces quotas for the use of renewable fuels. With ethanol makers facing a possible cut in their quota below the statutory level of 15 billion gallons, the grant program will let the administration of President Barack Obama demonstrate that it still supports the fuel, which in the U.S. is produced mostly from corn.

“Blender pumps are a huge part of the equation when it comes to the deployment of the second generation biofuels, because investors need a market to invest in,” said Brooke Coleman, the executive director of the Advanced Ethanol Council. “It allows the consumer to choose based on price.”

The grant program would be fast-tracked to states to help defray the cost of installing the pumps, which allow drivers to choose how much ethanol they want to mix with gasoline pumped into their tanks, said the people, who asked not to be identified before the formal announcement.

The USDA, which in 2011 said it wanted to get 10,000 blender pumps installed, has scheduled an announcement Friday on biofuels infrastructure. USDA spokesman Cullen Schwarz said he couldn’t comment on the announcement.

Quotas Overdue

The EPA is scheduled to issue renewable fuel quotas for 2014, 2015 and 2016 before June 1, and the two people said that announcement will also come Friday. The EPA abandoned its proposal for quotas last year, after ethanol makers bristled at the attempt to cut quotas based on the argument that more than 10 percent ethanol couldn’t be absorbed by the domestic market.

Separately, production of cellulosic ethanol -- a fuel made from wood, grass and other plant material -- is far below the 3 billion gallons set in the legislation for this year. Taken together EPA will have to propose some cuts, analysts say.

“The statutory volume targets of the RFS are now totally implausible, so something has to give,” Jeremy Martin, a senior scientist the Union of Concerned Scientists, wrote in a report released Thursday. “Whatever they do will likely be challenged in court, so the final answer to these questions may take some time to shake out.”

--With assistance from Alan Bjerga in Washington.

Scientists and economists including BP Plc’s former chief executive officer, John Browne, are inviting governments to join a $150 billion program that aims to make clean energy cheaper than coal.

Bonds backing clean energy and other sustainable initiatives are booming. Investors are snapping up green bonds at the fastest pace on record, as big banks like Morgan Stanley and Bank of America Corp. pile in with new issuance to feed the growing appetite for socially responsible investments.

The European Commission raised concern that the U.K. and France may not meet their 2020 renewable energy targets, saying the two countries should examine whether they’re doing enough to reach the goals.

Renewable energy will draw almost two-thirds of the spending on new power plants over the next 25 years, dwarfing spending on fossil fuels, as plunging costs make solar the first choice for consumers and the poorest nations.

Long-frustrated wind and solar developers in Australia can now get to work on more than A$14 billion ($11 billion) in projects after a new renewable energy target passed parliament.

Publicly, the United Nations climate-change talks look mired in disputes over everything from money to the length of the proposed agreement.

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

For more, see Big Companies, Big Renewable Investments.

Germany has installed about one-third less onshore wind power capacity so far this year than during the same period in 2014, new analysis shows.

The UK increased its power generation from on-site biogas plants by 40% in 2014, according to a survey by the Department of Energy and Climate Change.  

Recently I traveled to San Francisco to participate in international efforts to meet the challenge of climate change and accelerate the global transition to clean energy. The main event was the Seventh Clean Energy Ministerial (CEM7), a meeting of 23 countries and the European Commission.

It was a gamble that went spectacularly wrong for Tory Prime Minister David Cameron: Allow the UK to decide through a national referendum on their future participation in the EU and hope that they choose to remain.

The G20 meeting in Hangzhou, China, this September brings together leaders of the world’s largest economies for the first such gathering since the 2015 Paris Agreement on climate. G20 Leaders Summits traditionally focus on economic growth and financial stability, but since more than 190 countries collectively agreed to greatly enhance mitigation of the causes and impacts of climate change, the need to tackle a changing climate and foster clean energy has become a clear economic and business reality.

The World Bank has approved US$390 million in additional financing to be used by Pakistan's Water and Power Development Authority for extensions of its Tarbela hydroelectric plant.

Chile's Schwager Energy and China-based Shenyang Yuanda Commercial & Investment Co. signed a memorandum of understanding on Nov. 3 to build the 3-MW Los Pinos run-of-the-river hydroelectric plant in southern Chile's Lagos region, according to BN Americas.
 

It’s never been more important to put powerful AI tools in the hands of the world’s leading medical researchers. That’s why we’re introducing MONAI, our latest initiative with King’s College London. This open-source AI framework for healthcare builds on the best practices from existing tools, including NVIDIA Clara, NiftyNet, DLTK and DeepNeuro. MONAI is user-friendly, Read article >

The post NVIDIA and King’s College London Announce MONAI Open Source AI Framework for Healthcare Research appeared first on The Official NVIDIA Blog.

Sometimes it takes an elevated view to appreciate the big picture. NASA’s iconic “Blue Marble,” taken in 1972, helped inspire the modern environmental movement by capturing the finite and fragile nature of Earth for the first time. Today, aerial imagery from satellites and drones powers a range of efforts to monitor and protect our planet Read article >

The post Earth to AI: Three Startups Using Deep Learning for Environmental Monitoring appeared first on The Official NVIDIA Blog.

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NVIDIA today announced the completion of its acquisition of Mellanox Technologies, Ltd., for a transaction value of $7 billion. The acquisition, initially...

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Dating apps may get all the press, but NerdWallet has been refining the art of financial matchmaking for more than a decade. The company provides its members with sound financial advice generated by machine learning algorithms. But as computing has advanced, so has NerdWallet’s ambition. Now the company is using AI to better match casual Read article >

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NVIDIA will host a conference call on Thursday, May 21, at 2:30 p.m. PT (5:30 p.m. ...

If you think flying commercial is stressful, consider the air cargo industry. Unlike passenger flights, which are often booked and paid for months in advance, cargo shipments are typically booked just 10 days before the planned departure. And customers don’t have to pay until they drop off their shipments. However, even when customers create a Read article >

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As NVIDIA’s vice president of worldwide AI initiatives, Keith Strier is thinking on a global scale. He leads an initiative called AI Nations, a worldwide program that helps government leaders and stakeholders develop plans to implement AI to advance national priorities and drive economic growth. Strier spoke to AI Podcast host Noah Kravitz about AI Read article >

The post Around the World in AI Days: NVIDIA’s Keith Strier Talks AI Nations appeared first on The Official NVIDIA Blog.

If you think flying commercial is stressful, consider the air cargo industry. Unlike passenger flights, which are often booked and paid for months in advance, cargo shipments are typically booked just 10 days before the planned departure. And customers don’t have to pay until they drop off their shipments. However, even when customers create a Read article >

The post American Airlines Delivers the Goods, with Data Science Workstations appeared first on The Official NVIDIA Blog.

As NVIDIA’s vice president of worldwide AI initiatives, Keith Strier is thinking on a global scale. He leads an initiative called AI Nations, a worldwide program that helps government leaders and stakeholders develop plans to implement AI to advance national priorities and drive economic growth. Strier spoke to AI Podcast host Noah Kravitz about AI Read article >

The post Around the World in AI Days: NVIDIA’s Keith Strier Talks AI Nations appeared first on The Official NVIDIA Blog.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.