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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.