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Biofuel Company Files for Bankruptcy
– by Katie Fehrenbacher, November 11, 2014, Gigaom.com Biofuel company KiOR, which has become a symbol of the difficulties of venture capitalists investing in clean technology startups, finally filed for bankruptcy this week, many months after shutting down its biofuel plant and operating on fumes, unable to pay its debts. Many, including myself, have been predicting this for awhile…
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Indiana Ethanol Facility Fined $9,600 for Clean Air Act Violations
– by Seth Slabaugh, November 11, 2014, The Star Press Cardinal Ethanol has paid a $9,600 fine to settle a complaint that it violated its Clean Air Act operating permit. The penalty is insignificant in light of the grassroots, investor-owned company’s profitability — $26.4 million net income for the fiscal year ended Sept. 30, 2013. President…
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Industry Take: How Will 2014 Elections Impact Biomass?
– by Bob Cleaves, November 23, 2014, Biomass Magazine On Nov. 4, Americans voted. This election was a decisive victory for Republicans. Senate, House, gubernatorial and even state legislature races across the country saw conservatives prevail. These results were expected, surprising to political types only in the thoroughness of the wins across the board. What does…
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