It seems the Import-Export Bank of China committment has been available for a few weeks now, but the DOE piece is still needed to complete the whole financing package.
I sure hope the DOE does reverse their decision, as they themselves
really need a good success story to counter the earlier disasters in renewable energy projects. I truly believe Klann and his team have the fortitude to move on to success, once financing is completed.
From reviewing Bluefire's process and economics reported on their website, I really feel, as a Chemical Engineer from the petrochemical industry, that Bluefire has the potential of becoming a huge winner in producing valuable products both economically and ecologically efficient.
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