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| Taking on Cellulosic Ethanol |
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| Written by Miranda Marquit | |
| Friday, 07 December 2007 | |
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Sustainable Power Corp. (SSTP.PK) and Blue Harbor Energy, Inc. seek to replace cellulosic ethanol. One of the issues affecting biofuel production is that the process itself can be environmentally unsound in some cases. One of the biggest such controversies centers around cellulosic ethanol. And two companies think that they can take on ethanol and develop a green power source that offers more power, but uses less energy to produce. Yahoo! Finance has the story of the companies that hope to take on cellulosic ethanol: Unlike cellulosic ethanol, these fuels can be distributed by using existing oil pipelines, rather than uneconomical trucks and trains, dispensed through existing gas stations, rather than specialized pumps, and used in existing engines, rather than modified "flex-fuel" engines. In short, these are biofuels that can be substituted directly and immediately for gas or diesel on a gallon-for-gallon basis. So here's the deal: the company, if its new agreement with Blue Harbor Energy in Texas pans out, could hit it big. It promises a clean energy source that doesn't require us to change distribution methods, or to get new cars. And buying now could mean a lot down the road. But these alternative energy and biofuel stocks are notoriously volatile, and one ever knows what will take off and what won't. Plus, with oil prices back down to something more reasonable, interest in biofuels is waning (and Exxon -- XOM -- stock is gaining). But if things continue as they are, biofuels could heat up again at any time. Disclosure: I invest in none of the companies listed above. Site disclaimer.  Photo:kqedquest , Creative Commons, Flickr Alternative Energy 
EthanolBiofuels 
Miranda Marquit 
XOM 
Comments
(3)
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written by Steve , December 08, 2007
Honestly!!! Pumping a $.03 stock?? Get real.
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written by Miranda , December 08, 2007
*shrug* It's a pink sheet penny stock. Lots of people are interested in penny stocks, especially new companies with new energy ideas. I get emails asking me whether I've seen alternative energy penny stocks all the time. Nothing wrong with providing info for people interested in Pink Sheets...
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written by TJ , April 30, 2008
I was on the Bio Fuels band wagon with stock in CSBF and EBOF both in the pink sheets and both jumped from Just pennys a share to to several dollars alot of people made alot of money so I'm no going to turn my nose up at .03 cents a share when a small investment could see such amazing gains.
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