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June 18, 2009 | Jim Lane | Comments 0

Today in Biofuels Opinion: “You just as well could have owned an ethanol plant as the Denver Mint because they were really throwing out cash.”

Riggs Eckelberry, CEO of OriginOil:In our planning for renewable energy, we have tended to follow old-school energy thinking which focuses on large, centralized facilities. We believe the solution is networked and distributed and based on large-scale information sharing. We know that entrepreneurs worldwide want to start making biofuels now for their local communities and industries. That’s the model of the future – we call it ‘mushrooms after the rain’.”

From Agriculture.com:Two years ago at the Fuel Ethanol Workshop in St. Louis, it was standing room only at the workshop on hedging and locking in what were high margins. As Will Babler of First Capital Risk Management put this year, “You just as well could have owned an ethanol plant as the Denver Mint because they were really throwing out cash.” Tuesday, the breakout session on “understanding true risk management” at the 2009 Workshop in Denver wasn’t quite so crowded.

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