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Interesting article but, let me shed some light with a few points of fact that nobody in the company will offer. One, at the time this article was posted, Eran was no longer CEO. Eran was deposed and a new CEO was hired in June of 2011. Two, the pilot in Durham was no longer operational (they’re trying to move it elsewhere) and proved nothing along the lines of this process being commercially viable. In actuality, far more was proven to the contrary. Three, the company is woefully behind on researching and proving their proprietary solvent extraction process which is the lynchpin to their success. The reality is they haven’t proven they can reliably make ANY sugar from wood on a pilot level, much less extract the acid THEN recover the acid and solvent. Bottom line, if you’re expecting sugars to be made from wood in Grenada in 2012, and most likely ever, don’t hold your breath. Unfortunately for Khosla, the DOE and the state of Mississippi, they will be forced to realize this in due time.

No problem, Karin. Happy to bring a touch of veritas to the table. Additionally, you could check the HCL CleanTech company website to verify the legitimate CEO is Philippe Lavielle and contact him for comment. You could also reach out to Steve Piccot, Director at Southern Research Institute in Durham, NC, and ask him who authored a certain $9 million DOE grant proposal.

Sinopec, China’s second-largest oil company by market capitalisation, unveiled a $2.5bn deal with Oklahoma-based Devon Energy to invest in five new development areas from Ohio to Alabama.

International groups are still keen to increase their exposure to unconventional US energy resources despite the environmental controversy over “fracking”, the injection of water, sand and chemicals into wells to crack rocks and release oil and gas.

Foreign companies have been shifting their focus from gas, prices for which have plunged, to oil. Devon’s deal with Sinopec also reflects Chinese companies’ hopes that techniques pioneered in the US could be used to develop China’s own resources.

demands immediate congressional attention to examine any national security implications and to clarify present and future control issues before the deal receives regulatory approval.

A couple of years ago Indiana Governor Mitch Daniels signed a 75-year lease for 157 miles of the Indiana Toll Road for $3.8 billion, thus supposedly funding the State’s transportation needs for ten years

They saw Daniels’ move as giving away the State’s birthright

When the leases are to foreign organizations the backlash is particularly harsh. For example, in Texas Governor Rick Perry, who has privatized some Texas highways, was presented with a two-year moratorium upon new projects by the relatively conservative State Legislature. That throws a wrench in Perry’s plans for the Trans-Texas Highway, which is supposed to be a multi-lane facility, with high-speed trains in the middle, to carry especially trucks from Mexico all the way to Kansas City. The public is angry. They see Perry as giving away Texas sovereignty.