Next-gen biofuels making slow, slow, slow progress in 2013

See on Scoop.itGreen Energy Technologies & Development

Companies that are still looking to produce biofuels from plant waste (and not corn) are making slow, but steady progress on milestones in 2013.

Duane Tilden‘s insight:

According to Bloomberg’s energy research arm New Energy Finance, ethanol made from plant waste could cost the same to produce as corn-based ethanol by 2016. Currently cellulosic ethanol costs 94 cents a liter to produce, or about 40 percent more than ethanol made from corn, says Bloomberg.

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