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Posted on 05/19/2009 9:23:57 AM PDT by llevrok
SEATTLE -- The $88 million biodiesel plant that opened to the applause of politicians in 2007 at Hoquiam now sits idle.
Imperium Renewables founder and CEO John Plaza says the biodiesel market slumped when petroleum prices fell.
He told The Seattle Times he hopes to restart the plant next year, depending on new Environmental Protection Agency rules on biofuels. Some scientists say biodiesel made from canola and soybeans doesn't do enough to reduce greenhouse gases.
When it began operations, Imperium's 100 million-gallon-a-year plant was one of the largest in the United States. It employed 120 people. Since then the Seattle-based company has laid off about 75 percent of its workers.
A sign of things to come......massive wastes of your tax money.
As usual, the law of supply and demand eludes most of our legislature.
Idiots! Even if we pretend that Global Warming is a real threat, they're still wrong. Burning hydrocarbons produces water and CO2 as waste, whether the hydrocarbon is natural gas, oil, or biodiesel. If we burn oil, that releases CO2 that was taken out of the air long ago, potentially raising atmospheric CO2. If we burn biodiesel, the plants are taking CO2 from the air, and buring releases it again, so there is no net CO2 increase. This is not rocket science, so for them to get lost is pretty sad, since rocket science is 50 years old and pretty well understood, and this is even simpler.
Grays Harbor can’t buy a break. I guess the same guys who caretake the Satsop nuclear plant that never came on line can take care of the biodiesel plant, too.
He’s waiting for more subsidies so he can operate at a “profit”...
WPPS, sorry about that.
Say WA? Evergreen State ping
Quick link: WA State Board
FReepmail sionnsar if you want on or off this ping list.
Ping sionnsar if you see a Washington state related thread.
Biofuels are another disaster of the fraudulent new energy economy. The rat response to self made disasters is more self made disasters. The mandates and subsidies for biofuels are going to increase dramatically.
Except they are now the new unemployed....
Lack of demand is no problem, just mandate biofuel use for a certain percentage of fuel consumption.
As a native son of GH, I burn every time I see dollars allocated to Seattle for museums and ice cream stands.
"They've" killed logging. However, with the good harbor and it's location to Asia, there is no reason that area should not be booming.
I was hoping someone would bring that up. More money down the rabbithole!
That’s what I don’t get. Why isn’t that port being used? Why can’t SOMETHING move in there, besides a correctional facility?
Heh. Funny how from the Spotted Owl to this... They’re still a solidly blue county!
How’s that working out for them?
It was Grimmsville last time I spend a few days there (80’s). I can only imagine how well things are now.
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