Biofuel Developer Delves Back Into Fossil Fuels

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Bloomberg - April 30, 2013

Alan Shaw, for­mer chief exec­u­tive of Codex­is Inc., and chemist has pulled out of the renew­able ener­gy field, turn­ing to nat­ur­al gas. Accord­ing to Shaw, it’s impos­si­ble to turn a prof­it from ined­i­ble crops and plant waste. Shaw’s state­ments con­tra­dict the emerg­ing seg­ment of bio­fu­els, which has invest­ed about $3 bil­lion since 2008 in process­es that turn bio­mass into new types of fuel.

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