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Re: Monroe1 post# 5669

Tuesday, 05/10/2016 3:30:39 PM

Tuesday, May 10, 2016 3:30:39 PM

Post# of 6407
Interesting, that by funding only another $30M, the DOE could help start up a $300M full-scale ethanol bio-refinery that uses wood chips, to lead the US into production using a cellulosic technology.

However, it seems the DOE has cut off Bluefire, and I think final financing may come from someone in China, maybe CTG Corp, where this type of process is made to order to meet multiple needs in China. (I am guessing that China Three Gorges Corp. may want to see proof in America that the Bluefire technology is effective before investing in multiple plants in China).

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