Bioethanol production often faces survival challenging due to its lower margin profit at low oil price and downturn economic recession, which always puts a sole-ethanol production business in a high risky situation. Although there is an incentive from government support with policy, funding, and tax credit, whether it is sustainable profitable will determine the future of this industry. The relatively safe way is to have multiple bio-product streams that are composed of high value-added biochemicals such as lactic acid, succinic acid, glucaric acid to reduce the risks.
US-DOE top 12 building blocks give us the direction.
2 comments:
Bio refinary, a wonderful idea to solve many environmental crisis .... because of neglected social and financial parameters, today we suffer a big financial crisis ...
But the biggest crisis, climate change which is not still significant to most of people will be soon to make us more suffer ...
Anyway blogging to give information on green fuel is better effort
Congratulation for your blog
Thanks for your comments.
Yes, the benefits of biofeuls are great! The question is how and when to commecialize it without competing with food.
I feel the real technology is the key. In addition, it is also critical to have right person to do the right thing.
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