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.
FROM TREES TO FUEL: KiOR’s Columbus , Mississippi plant is designed to turn biomass into gasoline and diesel fuel. PHOTO BY: KiOR Companies have placed high-risk wagers with Mississippi tax dollars on green energy. Now, those bets are coming due. Two examples of the risks of taxpayer-funded green energy projects in the Magnolia State were […]