$1 per gallon Ethanol by 2009 says Coskata

Direct from GMNext.com:

Coskata’s announcement last week that it will build a demonstration facility near Pittsburgh brings it one step closer to full ethanol production. The $25 million project will be located at the Westinghouse Plasma Center, and target production is set for 40,000 gallons of ethanol per year. In addition, Coskata has also pledged to “commission a full-scale, 50 million – 100 million gallon-per-year commercial plant by the year 2011.” (Granted, that’s just a drop in the bucket. Each year, the US consumes over 146 billion gallons of gasoline.)

The plan is that the Pennsylvania facility will begin delivering ethanol in early 2009. Obviously that’s not tomorrow, but it is certainly in the foreseeable future.

And via Coskata.com:

Coskata is a biology-based renewable energy company. Our technology enables the low-cost production of ethanol from a wide variety of input material including biomass, municipal solid waste and other carbonaceous material. Using proprietary microorganisms and patented bioreactor designs, we will produce ethanol for under US$1.00 per gallon.

[Source: GMnext.com and Coskata.com]

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