Saturday, May 9, 2009

Chairman Mao


It has been awhile since I posted a direct link to a post on a board. Having the mind set of a die hard capitalist and cold warrior, I did not think I could appreciate much of what Chairman Mao had to say. However he has a thought provoking strategic post on I-hub that I encourage all to read.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37678828

In the blog below I trash "indirect land use" theory and its effect on corn ethanol and soy based biodiesel. I certainly have not changed my mind. However, as this post points out, the concept may cause GERS COES technology to be extremely necessary to both the ethanol and biodiesel markets. Soy based biodiesel (22%) might have to be mixed with extracted corn oil biodiesel and/or waste oils in order to achieve the 50% platform talked about below. Along with our newly approved patents, this could cause our pps to move aggressively in the right direction.
Some good backgound links:
White House Steps Up Support for Biofuels
"In pursuing these goals, the Secretaries of Agriculture and Energy, Tom Vilsack and Steven Chu, along with the administrator of the Environmental Protection Agency, Lisa Jackson, announced during a press conference the formation of a “Biofuels Interagency Working Group,’’ comprised of the three agencies."
"Through the working group, the federal government announced several goals, including helping to refinance existing ethanol and biodiesel factories whose owners were having trouble obtaining credit, guaranteeing loans for the construction of new biorefineries, and expediting funding to help producers of cellulosic crops."
"President Obama put the Agriculture Department in charge (SkunK: "a GOOD Decision!") of the multi-agency effort — a strong signal that the ethanol program remains a program for rural economic development. "
Don’t Single Out Ethanol on Land-Use Changes, Says Trade Group Chief
Biodiesel Makers Lash Out at E.P.A. Rule
Ethanol producers say new rule unfair
http://thehill.com/business--lobby/ethanol-producers-say-new-rule-unfair-2009-05-05.html

SkunK

PS
Chairman Mao - Seeing as you were dead at the time, I never got the chance to thank you for that "best run of my life" at the roulette table at Macau in '87. Sweet.

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