Khosla Ventures-backed Cello Energy, a startup run by Alabama’s former ethics chairman that has been beset by production delays and fraud allegations, ranks among companies that the EPA believes is most likely to help meet federal targets for cellulosic biofuel production in 2011.
Over on Earth2Tech, I’ve detailed some of the major hurdles ahead for Cello to reach the EPA’s preliminary estimate that the startup could produce up to 5 million gallons of cellulosic diesel in 2011.
