Biodiesel and Ethanol Investing

DailyTech reports that Louisiana Tech University (LTU) researchers have developed a way of immobilizing the enzymes that break down cellulose, reducing costs of cellulosic ethanol. LTU will reveal more details when professor James Palmer presents his group’s work at the Energy Systems Conference on November 5 in Shreveport, Louisiana. LTU estimates that a commercial plant would save around $32 million, and that under the federally-established goal to reach 16 billion gallons of cellulosic ethanol, the net saving could be $7.5 billion, if the goal was reached.