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University Rolling In Dollar Bills After Winning New Grant

Posted By Gerald Nicdao On Jun 28, 2007 @ 10:55 pm In News | Comments Disabled

First there was the BP deal [1]. Now the U.S. government is throwing money at UC Berkeley [2] for its biofuels research.

The Department of Energy announced Tuesday that the Lawrence Berkeley Lab will host a new energy consortium in the Bay Area [3]. Two other research centers will include the Oak Ridge Lab in Tennessee and a lab at the University of Wisconsin-Madison.

How much is DoE pledging to give Cal? How about $125 million over the next five years? Add to that the $500 million the university got from BP, and you know that the university can afford some bling now.

Joining the university in these efforts will be UC Davis, the Livermore Lab, Stanfurd and Sandia National Laboratories.

And no matter how much people hate the BP deal, or may hate this new deal, you’ve got to admit–$625 million just for bioscience research is huge. If the university can find some sensible alternative to fossil fuels, then maybe we’ll see student fees drop. Right. That’s as likely as Stanfurd giving Cal more tickets for the Big Game, meaning not very likely [4].

Biofuels Group Secures U.S. Grant [Daily Cal [2]]
New project puts UC Berkeley at forefront of biofuels research [SF Gate [3]]


Article printed from The Daily Clog: http://clog.dailycal.org

URL to article: http://clog.dailycal.org/2007/06/28/university-rolling-in-dollar-bills-after-winning-new-grant/

URLs in this post:

[1] the BP deal: http://clog.dailycal.org/2007/02/01/uc-berkeley-gets-500-million-for-new-kind-of-gas-money/

[2] throwing money at UC Berkeley: http://www.dailycal.org/sharticle.php?id=25342

[3] Lawrence Berkeley Lab will host a new energy consortium in the Bay Area: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/06/27/BIOFUELS.TMP

[4] meaning not very likely: http://clog.dailycal.org/2007/06/05/tiny-stanfurd-stadium-means-less-cal-fans-for-this-years-big-game/

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