Khosla challenges oil companies with cheap ethanol offer
Khosla, writing his first article in the Huffington Post, says his offer would make it possible for ethanol to be available to everyone in America, now, at a fairly reasonable price (at least, compared to current gasoline prices), but the oil companies have zero interest in actually provide ethanol to consumers because, well, they made $80 billion last year selling dinosaur juice. He is also promoting the Clean Alternative Energy Initiative, a measure on the upcoming California ballot that would require oil companies pay for the oil they take out of California, just like they have to pay in other states.
[Source: Huffington Post]
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