Kachan & Co says biofuels investment upswing expected in 2011

In California, cleantech analysis and consulting company Kachan & Co. says in its most recent set of predictions that biofuel investment could reach former highs. After several years of relatively inexpensive oil, Kachan predicts an upswing in biofuels investment in 2011, specifically, in drop-in biofuels.

Cellulosic ethanol, which disappeared from headlines in 2010, may even disappear from investors’ portfolios in 2011, the firm predicts, citing expectation of the U.S. Environmental Protection Agency lowering its cellulosic ethanol volume requirements.

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