As for the Range Fuels plant, construction of phase one in Soperton, GA, is about 85% complete, with start-up planned for mid-2010.
In that update, they had the following comments on Range Fuels.
The USDA has been giving out hundreds of millions in loan guarantees to the likes of Range Fuels that implode without ever producing.
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The list included Solyndra, Abound Solar, Range Fuels, A123 Systems, and Amyris, which collectively have attracted billions of dollars of investments but have not delivered profitable results.
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This is a rather remarkable fall for Range Fuels, who burst onto the scene a few short years ago with grandiose claims of producing massive volumes of cellulosic ethanol at a lower price than corn ethanol.
When venture investors tried to profit from political agendas, they saddled taxpayers with stinkers like Abound Solar, Range Fuels and the infamous Solyndra, which went bust last year after receiving more than half a billion dollars in federal loans.
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Other steps discussed at the conference range from the practical, such as replacing biomass fuels with kerosene or natural gas, to the idealism of cities developed so that no cars are needed, and thus no car-related pollution is generated.
The standard sets targets for the amount of ethanol production in the country through 2022 and allows for long-range planning in the industry, says Matt Hartwig, spokesman for the Renewable Fuels Association.
The President has set a goal of cutting that number by one-third by 2025, with a plan that includes a range of steps to produce more oil domestically while reducing our dependence on oil through cleaner fuels and greater efficiency.
Vessels powered by LNG typically are less polluting that those using more traditional fossil fuels, and the Lockheed unit believes it can apply similar aerospace technologies to a wide range of supply-chain opportunities in the rapidly-expanding energy sector.
He said he believed the use of alternative fuels like wood chip, wood pellets or cereals had "the potential to deliver a wide range of benefits".
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