28,000

barrels every

2 minutes

Image: Oil Barrels, 2008, by Chris Jordan

Biofuels50x More Ethanol

to

Displace Gasoline

Colleen Reynolds and Desmond Wee

1.06 million BOE

per day

19.38 million BOE

per day

2054

2012

The

WedgeGlobal

1/6 of global crop land

Modern BiofuelsBioalcohols

Biogas

Biodiesel

Biochar

Corn Exporters in 2012

Source:

The Observatory of

Economic

Complexity

Source: EcoModder.com

Source:

THEGREENGROK

Source:

Alternative Fuels

Data Center

Source:

National Research

Council 2011, 2

Cellulosic EthanolPhoto credit:

Far Side of Fifty

The

Problem of

Cellulose

Photo credit: welly76 Panoramio

Biochemical Conversion: ProesaTM

Challenge: Cost (Un)Competitiveness

Source: NASDAQ

$111

1.06 million BOE

per day19.38 million BOE

per day

2054

2012

The

WedgeGlobal

1.6 million BOE

per day

2022

RFS2 U.S.