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June 16, 2009 | Jim Lane | Comments 1

Today in Biofuels Opinion: “The chronoptimist, someone who constantly underestimates the time it takes to complete a task…cellulosic biofuel makers.”

Nick Ellege, coha.org: “The U.S. ethanol tariff has largely been kept in place by fears that repealing it would undercut the domestic corn industry, subsequently increasing unemployment. However, an economic study released last month by the University of Missouri indicated that lifting the tariff…would lead to a mere 1.9 percent decrease in total corn production from 13.82 to 13.55 billion bushels. Additionally, the price of domestic corn, wheat, and soybean would drop between 1.4 and 2.8 percent, providing more food access to the estimated 963 million who go hungry every day.”

From Reuters: “The Urban Dictionary, the user-generated slang web site, recently had a word of the day which I thought was particularly fitting for cleantech companies and entrepreneurs: the chronoptimist, someone who constantly underestimates the time it takes to complete a task (chronically optimistic.)…Cellulosic Biofuel Makers: If you’re an exec at one of the companies racing to be the first in the U.S. to commercially produce cellulosic ethanol from non-crop plants and biowaste, then chances are, your firm has had to extend its commercial production deadline — maybe even a few times.”

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    1. A chronpessimist is a person who always thinks it is not going to happen. People who think commercialization of biofuels are chronpessimists.

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