Tag: Vinod Khosla

Here’s a story about a billionaire investor and a bankrupt biofuel company with nothing better to do than bilk Mississippi taxpayers. From the Associated Press (via Fuel Fix): It’s the latest turn in what’s becoming a nasty legal fight between Mississippi and KiOR, which state leaders once hailed as an economic boon for the state. […]

On these pages, we have been chronicling the sad saga of alternative-fuel company KiOR, which is facing class action lawsuits and an SEC investigation because it allegedly misled investors about the plausibility of its biofuel production targets. In the present post we’ll summarize the latest developments, which show that KiOR is teetering on the edge […]

Reality is starting to set in for President Obama’s plans to radically alter the energy economy. On Sunday, 60 Minutes, which had previously been a cheerleader for subsidized “green” energy, ran a piece titled “The Cleantech Crash.” Meanwhile, the Wall Street Journal ran a story which shows that trucks and SUVs are driving increases in auto […]