Monday, 23 February 2009

Lonely Grain of Corn – Uncle Bonsai (1984)

Ethanol as an alternative automotive fuel made from grain and corn, and usually blended with gasoline to form gasohol, has had a bumpy road over the past couple of years. It has had to be mandated to gain market share as the economics were not attractive to investors and barriers to entry were supposedly low.

But things maybe looking up as BP and Verenium form cellulosic ethanol venture (The Boston Globe) which expects to break ground in Florida next year on a 36 million gallon-per year facility worth up to $300 million.

Perhaps the recently signed stimulus package will indeed serve as the jumpstart the sector requires. What do you think?

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