U.S. and Canadian companies need to start investing in Cellulosice ethanol as well. It will be huge for renewable fuels.
The Globe and Mail: Iogen, VW look to build ethanol plant:
by Simon Tuck -- 1/9/2006
"Volkswagen AG of Germany and Iogen Corp. say they're considering building the world's first cellulose ethanol plant, a fuel that can be used with standard vehicles but is not yet mass produced.
'We are strongly committed to reducing dependence on fossil fuels,' said VW chief executive officer Bernd Pischetsrieder yesterday in a press release.
Senior officials at the two firms, along with international oil giant Royal Dutch Shell PLC, announced yesterday at the North American International Auto Show in Detroit they will conduct a feasibility study into a proposed facility in Germany."
Monday, January 09, 2006
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