The plant is the first commercial-scale facility for KiOR, a Pasadena, Texas-based startup bankrolled by Vinod Khosla, the billionaire clean-tech investor. After nearly a decade of coming up short, he's hoping he has finally struck on an earthmoving innovation, one that will break the grip that fossil fuels hold on the transportation market. And in the process he hopes to restore rural communities across the country devastated by the decline of paper mills. "My dream would be that there are 500 communities, 15 years from now, that are all back in business using the wood chips in the forests around them, and that forestry is a lively business -- not moving to Brazil," he says.
|Signs of new housing bubble in several areas|
|Bloomberg's lazy Apple bias|
|Contrasts: Apple's Tim Cook and Samsung's Lee Kun-hee|
|Harsh anti-Abercrombie & Fitch video goes viral|