Range Fuels, Inc. a cellulosic ethanol company backed by as much as $156 million in U.S. loans and grants from President George W. Bush’s administration, is being forced by the government to liquidate its only factory after failing to produce the fuel. The closely held company, which counts Vinod Khosla, a venture capitalist and Sun Microsystems Inc. co-founder, as an initial investor, shuttered the factory in Soperton, Georgia, in January after not delivering on its promise to convert woodchips into ethanol, which was intended to help the U.S. become less dependent on foreign oil.
Thanks for the update....
Last time I looked into the issue, Mow Your Gas, Range Fuels was one of five separate cellulosic ethanol pilot programs created under this plan.
I re-checked the range fuel link and now it 301s (a technical web term) to a CO politician.
It's time to update that article, and include the most recent algal based fuel pilot plants.
Speaking of failures in GA, I seem to recall that many of the GA banks also failed at the same time, due primarily to providing bad loans for the FL construction business.
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