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January 04, 2010

Wall Street Journal covers Project LIBERTY

In the last week of 2009, the Wall Street Journal ran a piece by reporter Ian Berry on the financial benefits that will come to farmers from producing cellulosic ethanol. Here's one paragraph from the piece:

Unlike some of the other corn residue, the cobs are seen as having little if any value to the land and can be removed without depleting the soil. And the cob, unlike the grain, doesn't ignite the "food versus fuel" debate. POET said that it is quickly finding ways to make cellulosic ethanol profitable. Since the pilot project started, it has cut costs almost in half, to $2.35 per gallon from $4.13, by reducing energy usage and enzyme costs, among other expenses.

If you still have your hard copy from December 30 lying around, it's on Page B5.

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