Nevertheless, syngas is not the cleanest fuel you can burn and it's not very efficient to obtain. GreatPoint claims that their method goes even further and can transform syngas into natural gas by using catalysts (possibly potassium) which also allow to use lower temperatures for the process. Natural gas is much cleaner and it's a proven and reliable source of energy, and a lot of automakers have at least some vehicles that can burn CNG.
GreatPoint is also looking for other raw materials to obtain gas for, such as petroleum coke (a refining byproduct) and other plants, in order to gather data and test the catalyst.
For those of you who recognize the name Vinod Khosla as the Daddy Big-bucks of the ethanol scene, take note about his reasons for investing in GreatPoint: "I'm a pragmentalist, not an environmentalist. I'd love to get rid of coal, but politically it won't happen."
[Source: Forbes (sub's req'd)]