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Argument: Government funding will help support cellulosic ethanol industry

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Supporting quotations

Todd E. Alexander and Lee Gordon, Chadbourne & Parke. "The case for cellulosic ethanol." The deal magazine. March 2, 2009: "the U.S. Department of Energy administers a biomass research and development initiative, which provides up to $200 million in grants for the development of biomass crops and the construction of demonstration-scale biofuel facilities producing advanced biofuels, and a biorefinery project grants program, which provides up to $186 million in grants for biomass research and the construction of demonstration-scale biofuel facilities. To date, the U.S. Department of Energy has provided funding for nine small-scale projects and four commercial-scale projects, including an additional $76.3 million to POET to develop a commercial cellulosic facility (after an initial $3.7 million investment). These sources of federal funding increase the probability of commercializing cellulosic ethanol, which offers a greener source for a large portion of our transportation fuels."

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