This video is no longer available to watch. Please read its transcript instead.

Read Read Transcript Today's Edition Today's Edition

Advertisement

Biofuels

BlueFire's Klann talks federal loan programs, private sector funding for 2nd-gen fuels

Facing a frozen credit market and slow funding from the government, the cellulosic biofuels industry has hit a speed bump this year and will likely be unable to meet short-term RFS targets as a result. During today's OnPoint, Arnold Klann, CEO of BlueFire Ethanol, discusses how the economic downturn has affected the production and development of second-generation biofuels. He explains why he believes cellulosic ethanol remains a viable investment for the private sector and discusses the impact DOE loans will have on his industry's ability to meet RFS targets.