Advanced Biofuel Developers Bail on Costly Technology, Turn to Shale Gas Boom

SUGAR LAND--August 23, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--2013 was supposed the year in which U.S. advanced biofuels would have a significant impact on the Renewable Fuels Standard (RFS), but it ain't happening. The original plan was for 14 million gallons of cellulosic ethanol in full-year 2013, but the U.S. Environmental Protection Agency (EPA) cut that number back to 6 million gallons.

Other companies featured: KiOR Incorporated's (NASDAQ:KIOR), Codexis Incorporated (NASDAQ:CDXS)