My guess is they are much more interested in selling stock than ethanol. When the game is played out, shareholders will be bought out, for a nominal amount, by a big conglomerate saying that the small business just can’t operate on such small profit margins (see subject article of thread) or go private. Either way, they will disappear into oblivion obscuring evidence of what I consider to be just another scam.
In California, I’ve watched similar games in the solar and fuel-cell markets.
“In California, I’ve watched similar games in the solar and fuel-cell markets.”
So have I since the 1970’s, which is one reason I’m so hard on anyone pushing these energy con games with solar, wind, fuel cell, ethanol and whatever other green B$ is being pushed.
I can remember going to a public meeting in Sacramento in Jan or Feb in the 1970’s. We were in the middle of a typical winter in the Sac Valley with fog last most days and burning off a little in the late afternoons with no real sunlight.
A group of these con artists were pushing to make Sac a solar power city in two decades.
I asked how solar power would work during typical foggy winters like we were having with weeks and months with no real sun.
The B$ response was no problem.
Fortunately an engineer, who was a neighbor, said that it was a real problem.
The next response was use batteries to store excess power. The engineer said that was impossible with fog from December through Feb. The cost of batteries was incredible and they would only last about 3 years and had to be replaced. Now we know about the problems of recycling batteries and how expensive they are if they are part of a home power supply.
The same group was pushing to get rid of the nuke plant and no dams for electrical power in N California, the beginning of save the great Salmon hoaxes.
Finally after a few minutes of their innane B$, I left and said that I would be selling our home in Sac and moving to a place that wasn’t controlled by people who should have been Mental institutions.