[Terrapreta] Taxpayers footing bill for money- losing company(Dynamotive)
Ron Larson
rongretlarson at comcast.net
Fri Jun 29 12:02:25 EDT 2007
Tom and Terra Preta members
Thanks for putting this link to the negative financial review of Dynamotive. Without knowing more, I can't comment on the appropriateness of the executive salaries. But I do want to disagree on the author's negative reaction to Canadian government support. I feel that starting this sort of company does require government help and I commend the Canadian government for doing so. I wish the US government would itself start supporting pyrolysis approaches commensurate with the pretty large amounts going into cellulosic ethanol recently.
I met Dynamotive's Dr. Desmond Radlein at the IAI conference and thought he represented Dynamotive well. Dynamotive was a corporate sponsor. Some of his comments on terra preta lead off the recent Scientific American article at
http://www.sciam.com/article.cfm?articleID=5670236C-E7F2-99DF-3E2163B9FB144E40
We also need to be supportive of companies like Eprida and BEST, which are not publicly traded however. I think this may be the only investment opportunity for biochar (see http://www.renewableenergystocks.com/Companies/RenewableEnergy/Stock_List.asp)
I will attempt to reach Dr. Radlein per your request below. I have looked around the Dynamotive site a bit and am impressed by the several activities on-going. See http://www.dynamotive.com/en/about/index.html for a pretty good description of what they are doing.
Ron
----- Original Message -----
From: Tom Miles
To: terrapreta at bioenergylists.org
Sent: Thursday, June 28, 2007 7:07 PM
Subject: [Terrapreta] Taxpayers footing bill for money- losing company(Dynamotive)
Taxpayers footing bill for money- losing company (Dynamotive)
DAVID BAINES VANCOUVER SUN
SECURITIES COLUMNIST
dbaines@ png. canwest. com
This is a major news article that ran this weekend in the Canwest national newspaper chain, a very big readership in Canada. Article at:
http://www.stockhouse.ca/bullboards/viewmessage.asp?no=14475850&tableid=1
-------------
This is probably an example of the complications of starting up a new business based on a new technology for producing char and oil. In this case bio-char is a byproduct. If I understand other sources correctly this company, Dynamotive, is also involved in Australian bio-char and bio-oil plants. Maybe someone from Dynamotive or its licensees can give us the company side of the story and how they expect their bio-char production to develop.
Thanks
Tom Miles
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