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richbob

10/30/14 12:44 AM

#2089 RE: investgood #2088

I think S. Korea was an entirely different, and much smaller deal. It included a secrecy agreement, it was for Korean plants only, and I suspect it was for technology only to produce sucrose( using SucreSource). Korea apparently does not have the strong desire to make cellulosic ethanol that China does.

I do think the DOE may reverse their decision, since all the rest of financing plus construction is now available. Also, the DOE has a lot of clean energy failures on its record, and a highly successful grant for cellulosic ethanol now could reinstate a lot of respect to the DOE.