Department of Energy officials have spent
seven years and $603 million to prove the commercial viability of biofuels, a
major focus of the Obama administration's energy plan, but instead have missed
their own goals and failed to make biorefineries commercially viable.
"We found that the Department had not successfully achieved
commercial-scale operations even though the FOAs (Funding Opportunity
Announcements) issued in 2006 and 2007 indicated that the proposed projects
should be operational at the commercial scale within 3 to 4 years," the
DOE inspector general said in a
new report.
"Additionally, we found that the Department was not on target for
achieving its 2014 production capacity goal of 100 million gallons of advanced
biofuels."…..To Read More….
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