Senator-elect Al Franken of Minnesota: “I’ve looked at this a lot, and it seems to me that ethanol already helps our carbon footprint and it’s only getting more efficient in the way it’s produced. Corn ethanol is a step on the way to cellulosic ethanol, which is also going to benefit Minnesota. I’m in the pro-ethanol camp.”
John Hamer, managing director of Burrill & Co: “Biotech figured it out early – we know what phase one means, phase two means. Biofuels have no standard metrics – a company came to see us with a proposal built around a half-liter per day fermenter that they described as their pilot. I said, are you serious? Do you know who we are? Some of the real interesting companies, meanwhile, are those like Byer – the last full integration – chemical, material, crop science – or BASF, that haven’t yet made any biofuels bets.”
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