The Holy Grail: will cellulosic ethanol replace petroleum?(CURRENTS)
Publication Date: 01-MAR-07
Publication Title: E
Format: Online
Company: Iogen Corp.~Officials and employees Iogen Corp.~Buildings and facilities
Author: Blouin, Glenn

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Description

Some 30 years ago, Patrick Foody started on a mission. The Canadian entrepreneur and engineer heeded warnings of an impending worldwide food shortage and embarked on a quest to convert wood into food. The predictions didn't pan out, but by then Foody was knee deep in his research.

Along came the energy crisis, and Foody shifted his focus from food to fuel, re-directing his years of biotechnology experience to explore a biological alternative to gasoline. But when oil prices suddenly dropped, he found himself producing a product that couldn't compete in efficiency, price or convenience. It was more expensive, got fewer miles per gallon, and retail outlets were virtually nonexistent.

Undaunted, Foody and his son, Brian, newly graduated from MIT, kept their company afloat by contracting government research...



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