Legendary venture capitalist Vinod Khosla backed a startup called KiOR as part of his ambitious push for green energy. Now KiOR is bankrupt, he and company executives are being sued for fraud, and Khosla’s big biofuel bet is looking increasingly questionable.
“Suddenly Cleantech was a dirty word.”So states a recent episode of 60 Minutes, highlighting the efforts of businessman Vinod Khosla. Khosla’s interview takes viewers right into Columbus, Mississippi, to view the KiOR biofuels plant. Khosla has poured millions of dollars into the project, which converts woodchips into “clean green gasoline.” In response to correspondent Lesley […]