31 Oct '12, 6pm

Biofuels in your gas tank for $1.50 a gallon?

Biofuels in your gas tank for $1.50 a gallon?

Cool Planet Energy Systems believes it can sell biomass-based gasoline for about $1.50 per gallon because of its unique distributed energy approach which brings production right to the fuel source. And it doesn't expect to need subsidies to get to that price. The high-octane gasoline produced is fully compatible with standard automobiles and existing conventional fuel distribution systems. While big plants take years to finance and build, Cool Planet will instead rely on small, modular ones that are quickly assembled using components the size of shipping containers. These small refineries can generate 10 million gallons of biofuels a year from local biomass materials, such as corncobs, grasses and and other non-food crops. "By mass producing mobile, pre-fabricated micro-refineries that are easily transportable to the biomass source, we significantly reduce costs of feedsto...

Full article: http://www.greenbiz.com/news/2012/10/31/biofuels-your-gas...

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