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Vinod Khosla offers Shell an ethanol deal
During a discussion on energy resources this afternoon, technology-guy-turned-biofuel-backer Vinod Khosla offered a deal to Royal Dutch Shell CEO Jeroen van der Veer. Khosla said he'd be willing to sign a long-term fixed-price contract guaranteeing to supply Shell with ethanol. The price would be set to allow Shell to retail the stuff for $1.99 a gallon at the pump and make a profit. Or something like that--I was busy moderating the discussion, so I didn't take notes.

Afterwards I saw Van der Veer and Khosla sitting in the shade of a tree on the Aspen Institute grounds, deep in discussion. So if anything comes of this, you read it here first.
Posted by Justin Fox 6:51 PM 0 Comments comment | Add a Comment

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