Industrial Policy In Action

TW: Some folks support industrial policy especially as it relates to new technologies and particularly alternative energy. Some folks support Keynesian stimulus. I support both. For better or worse this is what it looks like in actual practice. Will all or even most of these work, no. But I like the fact that we are priming the pump, just like the Chinese, Germans, French and most other developed or emerging markets. I list only a handful, go to the link for the complete list.

From Robert Rapier's Energy Blog:
"Bluefire Ethanol
DOE Grant: $81,134,686
Non-fed funding: $223,227,314
Fulton, MS: This project will construct a facility that produces ethanol fuel from woody biomass, mill residue, and sorted municipal solid waste. The facility will have the capacity to produce 19 million gallons of ethanol per year.

BioEnergy International
DOE Grant: $50,000,000
Non-fed funding: $89,589,188
Lake Providence, LA: This project will biologically produce succinic acid from sorghum. The process being developed displaces petroleum based feedstocks and uses less energy per ton of succinic acid produced than its petroleum counterpart.

Enerkem
DOE Grant: $50,000,000
Non-fed funding: $90,470,217
Pontotoc, MS: This project will be sited at an existing landfill and use feedstocks such as woody biomass and biomass removed from municipal solid waste to produce ethanol and other green chemicals through gasification and catalytic processes.

INEOS New Planet BioEnergy
DOE Grant: $50,000,000
Non-fed funding: $50,000,000
Vero Beach, FL: This project will produce ethanol and electricity from wood and vegetative residues and construction and demolition materials. The facility will combine biomass gasification and fermentation, and will have the capacity to produce 8 million gallons of ethanol and 2 megawatts of electricity per year by the end of 2011.

Sapphire Energy
DOE Grant: $50,000,000
Non-fed funding: $85,064,206
Columbus, NM: This project will cultivate algae in ponds that will ultimately be converted into green fuels, such as jet fuel and diesel, using the Dynamic Fuels refining process.

Algenol Biofuels
DOE grant: $25,000,000
Other funding: $33,915,478
Freeport, TX: This project will make ethanol directly from carbon dioxide and seawater using algae. The facility will have the capacity to produce 100,000 gallons of fuel grade ethanol per year..."
http://i-r-squared.blogspot.com/2009/12/doe-funding-recipients.html#links