Renewable Energy World: For some time in The Digest, we have examined the problem of matching capital to projects. As Ecostrat’s Jordan Solomon observed at ABLC Next a few weeks back, “the vast majority of projects are given junk ratings, if they can get rated at all.” And that leaves aside all the fine technologies that falter or find disheartening delays in raising capital as they make the journey from concept to technical readiness. Meanwhile, feedstock resources remain under-utilized, petro-economies remain untransformed, and those who are passionate about emissions, domestic employment or energy security remain unsatisfied.
For too many bio-based projects, it is not a question of surviving the Valley of Death, it is about surviving Slaughterhouse Five.
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