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Lack of money biggest block for biofuels

Technology is no longer the biggest barrier to producing advanced biofuels. Money is.

Engineers and entrepreneurs meeting in San Francisco this week for the 31st Symposium on Biotechnology for Fuels and Chemicals said the industry stands at a major turning point.

Companies trying to make ethanol from grass, crop stubble and wood are building demonstration plants across the country. Within the next two or three years, the world will finally see whether these cellulosic ethanol plants can make large amounts of fuel at competitive prices.

David R. Baker, Chronicle Staff Writer

Full Story: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2009/05/06/BUTB17F9IA.DTL

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