Cellulosic Ethanol - Answer to Food/Ethanol Controversy
Posted on March 9, 2008
Filed Under Alternative Energy |
According to Market Research Analyst the world’s ethanol production will reach 20 Bln gallons in 2012. Still wide acceptance of ethanol has been hampered by rising food prices. So, what is the answer to to the ethanol-food-controversy?
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In cellulosic ethanol. Five startups (Mascoma, Range Fuels, Coskata, Zeachem, Lanzatech) are racing to take cheap cellulose-based ethanol to the market. VC’s are abundantly pouring money in development of cost-efficient production method of cellulosic ethanol.
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