Talk about your low-cost feedstocks.
BlueFire Ethanol wants to set up a series of small ethanol refineries at the world's finest landfills. The company will convert organic waste--paper, vegetable scraps, etc.--into fuel and then sell it locally. The business revolves around the idea that the feedstock is worthless. Landfill operators pay about $6 a ton to get rid of their trash. By converting it to ethanol the operators eliminate this cost and can qualify for carbon credits. BlueFire operates the ethanol refinery and then sells the fuel.
The first plant, a 3.6 million gallon a year facility … Read more