12/2/2010

Despite the Environmental Protection Agency's decision to cut the 2011 output target for cellulosic biofuels from 250 million gallons to 6.5 million gallons, the agency's goal of 16 billion gallons of cellulosic fuel by 2022 is still achievable, according to Chris Standlee, executive vice president of Abengoa Bioenergy. "Twelve years is a long time. ... look at what the starch-based industry has done in the last five years," he said, referring to how corn-ethanol production grew from 2 billion gallons to 13 billion gallons in five years.

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