Obama Versus McCain on Cellulosic Ethanol

Verenium investors should be aware of the materially different positions on cellulosic ethanol held by the two presidential candidates:



OBAMA's website..straight forward policy on ethanol:

• Develop the Next Generation of Biofuels: Barack Obama will work to ensure that advanced biofuels, including cellulosic ethanol, are developed and incorporated into our national supply as soon as possible. Obama will invest federal resources, including tax incentives, cash prizes and government contracts into developing the most promising technologies with the goal of getting the first two billion gallons of cellulosic ethanol into the system by 2013.

McCain's own word....against subsidies for ethanol