Settlement results in funds for NM biofuel project
Posted at: 11/28/2009 12:33 PM
By: The Associated Press
SANTA FE, N.M. (AP) - Biofuels research in southeastern New Mexico will benefit from a settlement reached by the New Mexico Environment Department and Western Refining Co. over air quality violations at two of the company's refineries.
The settlement calls for Western Refining to pay $1.95 million to the Center for Excellence in Hazardous Material Management in Carlsbad for work that aims to turn algae into biodiesel.
The center has successfully cultivated and harvested a wild-strain algae to produce a feedstock that can be converted to biofuel.
It has conducted the work at its facilities and at New Mexico State University's agricultural experiment station near Artesia.
The first payment of $650,000 will be made on Monday. The next payment will be March 1.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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