Report from the REFF-Wall Street; Themes in Renewable Energy Finance
Green Car Congress
JULY 22, 2009
Biofuel projects are going to have trouble getting financing from Wall Street this year because all of them have questions about the long term pricing of petroleum; most of them have concerns about the pricing stability of their feedstocks; and many of the cellulosic projects have concerns about the conversion technologies. On 8 July, the US Treasury provided guidance on the grants while timing is still unclear on when the first block of loan guarantees will be awarded.