Viaspace, Inc. (VSPC)

[BreakingGood]

Most of those biomstter plants, and perhaps close to all of them are for biodigesters that will use animal waste and remnants and bagasse from crops that have been planted for food. The cost of using that as feedstock is minimal because it is otherwise just burned or disposed. Therefore it can compete with fossil fuels. Growing dedicated energy crops is usually more expensive. Many of the islands and countries that VSPC are targeting have large poor populations and have to take into account the cost of growing energy vs. using what's already there or importing it. Yes these countries would rather grow the energy and create local jobs. However, the larger the gap in the cost of doing that vs. cheaper fossil fuel alternatives, the more likely economic pragmatism will win.