Policy: Environment & Energy

L.A. Times: As Pentagon invests in green fuel, critics focus on the cost

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WASHINGTON — When the U.S. Navy sailed an imposing fleet near Hawaii that was powered in part by algae and used cooking grease, environmentalists weren't the only ones who were thrilled.

Executives at bioenergy startups in the San Francisco Bay Area, Chicago and elsewhere — and the venture capitalists backing them — had reason to cheer. The Obama administration has made the military, the largest consumer of energy in the country, a financial lifeline for cash-strapped alternative fuel innovators.

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