Well, the Federal government disagrees with you on whether biofuel plants can be profitable or not. And so does most of Europe, from what I have read. And Brazil. And Colombia.
So....I'm hoping that they are right.
Ok, I'm sure that you are aware that the $40 million dollar incentive is coming from the State of Alabama. I'm also sure that you read all about it in the press release that came out early last year.
You're just funning with me, aren't you, because I said "Local" instead of "State". Dang, I always get those confused.
But the $40 million incentive is real. And yes, I am very, very aware of expenses incurred when starting a business. I don't think that you mentioned payroll taxes in your list. That's a biggie.
I've been trying to find some financials from an ongoing biofuel plant that would give me an idea of what margins to expect. Perhaps you might be able to find one for me? I know that some of the earlier plants had financial difficulties, but there has been so much learned since then about how to process and what to process. That Jatropha that is being studied at Clemson is one of the top 5 out there.
avdave, it is really an EXCITING time for the world and I sincerely mean that. To watch the whole world endeavor to rid
itself of the crushing dependency on oil is good to see. I don't think that even the big oil companies will mind too much because I would think that they would be able to convert.
And it will be SO MUCH BETTER for the environment!!!! I am really excited about it! How could anyone NOT be? Until I came across PHGI, I had no idea how much has already been accomplished with this new and growing industry. Did you know that there is a plant over in Germany that has figured out how to increase their profits by utilizing some of the electricity that they don't use?
It was pretty cool!
