2014-10-09
Big Oil can’t put the brakes on a new renewable fuels factory in Iowa — one that will seek to supplement petroleum with next-generation cellulosic ethanol. The “Project Liberty” facility will consume 285,000 tons of biomass a year to produce up to 25 million gallons annually of bio-ethanol.
What makes this deal noteworthy is that, if successful, it would help move the nation away from the controversial corn-based ethanol era and into the cellulosic ethanol period, or one that relies on wood, grasses and inedible plants. The benefits are that cellulosic ethanol is abundant in nature, however, the cost of converting such biomass to a transportation fuel is prohibitively expensive.
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