Biofuels: Flash in the Pan or A New Energy Era? December 13, 2006

Moderator:
Paul Ho - Director, Investment Banking, Credit Suisse First Boston

The Panel:

Cary Bullock - President and CEO, GreenFuel Technologies Corporation
Nathanael Greene - Senior Energy Specialist, Natural Resources Defense Council
Carlos Riva - President and CEO, Celunol Corporation [or designee]
Colin South - President and CEO, Mascoma Corporation

According to Citigroup, ethanol production will triple to more than 15 billion gallons over the next decade. Ethanol will then make up 9% of the nation's gasoline supply. But it will take 30% of all corn production to make it happen.

Production and demand for biodiesel are rising exponentially as well. But biodiesel comes almost exclusively from our virgin oil feedstocks. Could we afford to earmark so much of our corn and virgin oil production for energy needs? That's not an appealing notion, but there may be another source for biofuels: waste products.

Join us on December 13 for an early look at how some of our most creative entrepreneurial minds are attacking the triple challenge - to lessen our dependence on foreign petroleum, to clean up the environment, and of course, to make money doing it.

It seems like everybody wants to get into the game. Wall Street, venture capital and private equity are pouring in their capital. Are they being smart and prescient, or is this latest manifestation of herd mentality in the investment world?

Our distinguished panel of experts will explore issues such as:

* Biofuels technologies -How real are they?
- Is cellulosic and ethanol ready for deployment?
* Do we need a "perfect storm" of technology, policy, markets and finance?
* Winners and losers
- Which companies will be successful and what are the challenges they must overcome to get there?
* The obstacles to financing
- How can first-of-a-kind technologies get financed?

Forum Members & E2 Members: $20/Non-Members $30/Students from all universities are FREE with valid ID.

Official Website: http://www.mitforumcambridge.org/dec06.html