Oil company pays $26 million for half-billion-dollar ethanol plant

The failure of cellulosic ethanol may prove beneficial to oil giant Royal Dutch Shell. Cellulosic ethanol was seen as an important component of mass ethanol adoption because it is made from non-edible plants. But despite the hopes of ethanol advocates and policymakers, cellulosic sources never materialized in significant quantities. DON’T MISS… …read more