Bill Gates owns about 25% of a public company that will produce ethanol. What company is it?

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Bill Gates owns about 25% of a public company that will produce ethanol. What company is it?

This companmy is gearing up to be a major producer of ethanol from corn and other vegetable material. It may be building plants inside and outside the US.

2007-02-07 13:52:46 · 2 answers · asked by larry6160 1 in Business & Finance ➔ Corporations

2 answers

Pacific Ethanol.

On a side note, the quest for ethanol replacing gasoline is pointless since it takes a lot of energy (which comes from fossil fuels) to produce ethanol. I think the ratio is 1Btu energy to make 1.25Btu ethanol. Plus more ethanol is needed to drive the same distance with normal gasoline. Money should be invested in renewable sources like solar power.

2007-02-07 14:03:20 · answer #1 · answered by tzier187 2 · 0⤊ 0⤋

Pacific Ethanol:

2007-02-07 18:15:00 · answer #2 · answered by RogerDodger 1 · 0⤊ 0⤋