Lack of Profitability Drives U.S. Company Out of Biofuels Business

Yale Environment 360: A U.S.-based company that used genetic engineering to develop a technology to convert sugar into biofuel has announced that it will stop producing the fuel, at least temporarily, because the process simply isn't profitable. Amyris, a San Francisco firm that also produces cosmetic products, had engineered a type of yeast that can eat sugar and secrete an oil similar to diesel. While the company had some success using this process in the production of biofuels, including for use by buses in Brazil,...

URL: http://e360.yale.edu/digest/lack_of_profitability_drives_us_company_out_of_biofuels_business/3459/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+YaleEnvironment360+%28Yale+Environment+360%29
Enclosure: http://www.technologyreview.com/energy/40387/?p1=A2