Here is a nice little comment about Kior from two years ago:
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It must be nice to have a place where ignorant 'anonymous' comments can
be made without any degree of knowledge of the subject matter. Just a
hatred for something/somebody that is possibly remotely connected. Or
not - maybe just want to make it connected.
"Disaster"; "beef plant"; "MDA no accountability";"trillions in salaries";"politically connected crony"
8:35 evidently has some knowledge of the actual deal and makes valid points about this particular deal. But all the posters that threw out the above unfounded comments probably know nothing of the details.
Beef Plant - and yes, Magnolia Venture (from a decade earleir) were disasters. Because they were done against all rules and all common sense. Beef plant had studies that said it absolutely would not work. Beef plant was 100%, plus and additional 125% public money and NO private investment. Beef plant was done with shysters that had no background in the production processes of the plant. And the beef plant failed.
KiOR is - at 8:32 pointed out with additional support from 8:35 - is advanced technology and new innovation. The beef plant was exactly the opposite. Advanced technology is not going to be profitable in its infancy, (as the business models presented by the investors to the state, other private lenders and other investors indicted). KiOR was required to have a substantial custormer for its product before the state would close its loan.
Look at the percentage of private capital invested in these facilities and operation. The state's investment is clearly secondary, not primary. Or, as it was in the oft mentioned Beef Plant, the only money.
And I would love for one of the anonymous individuals that seem to know all but never back up their comments to show where the "Crony" is in this deal. And I don't care if you can't prove the "politically connected" part of your comment, just back up either one of your accusations. Politically connected, or crony, of the Governor. Or for that matter, of any of the legislators that supported this project.
And the payback to the state is not measured strictly in "salaries". In this case, unlike Magnolia or the beef plant, the investment is a loan. The purpose is to create jobs. And this project also brings the benefit to other sectors - the supplier of the scrap wood, thereby helping a second industry. (Yes, just like the beef plant was supposed to do, help the cattle farmer. But there, the studies showed, there weren't enough cull cows produced in the seven southern states to supply the beef plant. Here, there is plenty of wood resulting from timber operations to supply KiOR operations.)
I understand its a blog. And everyone has their opinions, just like they have other bodily parts. Its just when your opinion comes out smelling like emissions from those other body parts, you lose credibility. At least have some idea of what you are bloviating about before you make the accusations.
The truth on KiOR will be available to all in a couple of years. If the plants are built, wood is being processed, and product is being sold, KiOR should be repaying its loan to the state. There is great hope for this innovative technology, and IF it works, it will be a great thing for our state, especially considering our renewable timber supply. If it doesn't AND if the state loses on its investment, then you can come complain with SOME of your accusations. But just because MBJ writes an article about it being unprofitable while it is still in construction is a little premature.
And - for disclosure - I have absolutely no connection to KiOR. I don't know the developers, I don't know the owners, and I'm not an employee of any state agency. I was and am an interested bystander that watched this project through its initial proposal and when I read the final deal made by the state, became convinced that it was not the bogus deal I first believed it would be. original post
12 comments:
Obviously this was not posted by Chicken Little! Maybe...Shallowfaux, though?
and IF it works. That's the operative work for both KiOR and the Kemper Power plant. Otherwise, it's a utter waste of taxpayer money which ends up going to the political connected (ie "Crony")Gosh, Politics is a good career!
and IF it works. That's the operative work for both KiOR and the Kemper Power plant. Otherwise, it's a utter waste of taxpayer money which ends up going to the political connected (ie "Crony")Gosh, Politics is a good career!
I wish I could say "I told you so" to this fool who ranted and ranted about anonymous posters, but he posted anonymously .
Same peeps carrying Haley's water then now working overtime to carry Thad's. They'll never learn.
Sounds like Leland Speed to me. Might have even been Kanguroot. Maybe one O them Yoste boys.
What a bunch. Georgia was the Saudi Arabia of pine trees! Mississippi kant get right.
http://blogs.ajc.com/political-insider-jim-galloway/2010/06/16/roy-barnes-require-georgia-power-to-burn-georgia-wood/
The amazing thing about these experiments like Kior or Kemper is that the taxpayers or rate payers are responsible for a portion of the risks but if it works do not get to share in the reward. No upside, but as we have seen in the past, some very deep downside.
Bring in the German scientists!
If KIOR's petroleum alchemists really have an economically viable catalytic cracking process of turning biomass into road-ready diesel, then the Germans will soon know the truth. Germany, during WWII, produced engine-grade fuels from wood, and were even experimenting with developing foodstuffs from cellulose.
It will not be the first time that German engineers went into Columbus to solve an engineering puzzle:In the late 1970s, George Weyerhauser built a paper mill south of Columbus, but something went horribly wrong during the startup production phase...it didn't work! So, in come the German engineers who soon found that it was not in their processing equipment, but in the US contractor's poor concrete pourings, resulting in unlevel fluids in the processing equipment. The soils in that area of Mississippi are bentonite types(Yazoo clays) that gave MDOT highway contractors so many problems around Jackson thirty- something years ago.
Hitler's wood-powered, internal combustion engine-driven Volkswagen goes into production.
The Barbour/McAuliffe/Clinton electric WangWagen won't even start.
And the people jobbing high-dollar gasoline in the metro continue to cash in on our utter stupidity.
MDEQ issues KIOR permit to dump industrial-grade waste water into Columbus' water treatment system:Delivery pump "burns up" in January.
Bring in the German engineers!
[snip]
...In April 2012, the DEQ issued KiOR a permit allowing it to discharge water into the city's system. Robbie Wilbur, communications director with the DEQ, told The Dispatch a condition of the permit was that after a year of operations, KiOR would submit a second application with updated information outlining what was in its wastewater.
The DEQ has received that updated application.
"The application is currently being evaluated to determine appropriate modifications to the original permit," Wilbur said.
'Abide by ordinance'
Nonetheless, the pump incident in January, Gale said, was "the final straw" from the city's standpoint. It was then that CL&W asked KiOR to stop releasing wastewater generated by its facility into the city's system until it could be sure the nature of the wastewater was within city ordinances and not harmful to the city's treatment system.
I smell a rat at MDEQ:the same rats that ran the show with USA Yeast "overflowing the toilet" in Hattiesburg's water treatment plant. What did City Engineer Bennie Sellers know, and when did he know it? A scandal is "brewing" with Bennett York's GROUNDWORX, too.
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