I’m sure they expect a return on the ‘capital investment’. $10 a gallon sounds about right. SHIT .. It’ll cost $250 to fill my tank with this crap!
via smartplanet.com
The company announced Friday it has started construction on a $200 million cellulosic ethanol facility in Iowa. When the facility is completed in mid-2014, it will have the capacity to generate 30 million gallons annually of cellulosic biofuel produced from corn stover residues, a non-food feedstock consisting of corn stalks and leaves. ….
…. DuPont was able to optimize the process and technology at its pilot facility in Tennessee, which allowed it to increase the annual capacity at the Iowa plant, the company said. The commercial plant in Iowa will require a capital investment of about $7 per gallon of annual capacity.
