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Thursday, 10/01/2009 9:53:25 AM

Thursday, October 01, 2009 9:53:25 AM

Post# of 111729
Buyer of Biofuel when ready

http://www.biofuelsdigest.com/blog2/2009/10/01/today-in-biofuels-opinion-were-willing-to-step-up-and-be-the-biofuels-buyers/

Glenn Tilton, CEO of United Airlines: “We’re willing to step up and be the [biofuels] buyers. Volatile increases in fuel costs devastate the industry’s bottom line. We are actively supporting and seeking funding for this work. We are working with relevant government agencies and also with agricultural interests, universities, independent researchers and the military. With government bridging, private investment can take over.

Fleet Owner: “The jury is still out on whether there is no future in biofuels, be they cellulosic ethanol, renewable diesel, biomass-to-liquids (BTL) or Fischer Tropsch liquids made from feedstocks such as agricultural or municipal solid wastes, grasses, woods, waste paper and algae. Pike’s research indicates three key waves of next generation biodiesel development over the next several years. First, fuels based on waste greases will hit the market in 2010. Jatropha-based fuels will begin having a significant impact on the market in 2014. Then the third big wave hits: algae-based biodiesel, which will achieve commercial availability in 2012 and will have a deeper effect on the market beginning in 2016.”

THINK Before You ACT!!!