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	<title>Comments on: Bill Gates Slashing Stake in Pacific Ethanol</title>
	<atom:link href="http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/feed/" rel="self" type="application/rss+xml" />
	<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/</link>
	<description>Helping the Earth with Technology</description>
	<lastBuildDate>Mon, 23 Nov 2009 00:16:20 +0000</lastBuildDate>
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		<title>By: Joe - ATVs for sale</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-40741</link>
		<dc:creator>Joe - ATVs for sale</dc:creator>
		<pubDate>Mon, 26 Oct 2009 12:45:21 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-40741</guid>
		<description>&lt;p&gt;Whatever Bill Gates is doing, he sure gets the spotlight. What&#039;s he doing with a lot of money anyway, rather than sell it. :). But I sure love Windows. Master!&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Whatever Bill Gates is doing, he sure gets the spotlight. What&#8217;s he doing with a lot of money anyway, rather than sell it. :). But I sure love Windows. Master!</p>
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		<title>By: The Worst Isn&#8217;t Over for Pacific Ethanol</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-31268</link>
		<dc:creator>The Worst Isn&#8217;t Over for Pacific Ethanol</dc:creator>
		<pubDate>Tue, 19 May 2009 04:02:04 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-31268</guid>
		<description>&lt;p&gt;[...]    Pacific Ethanol, the corn ethanol producer whose future once seemed so bright it attracted a big investment from Bill Gates, continued its downward spiral today, a long and unprofitable journey that has now [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...]    Pacific Ethanol, the corn ethanol producer whose future once seemed so bright it attracted a big investment from Bill Gates, continued its downward spiral today, a long and unprofitable journey that has now [...]</p>
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		<title>By: The Green Rich List: Wealthy Doesn&#8217;t Mean Savvy &#171; Earth2Tech</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-26237</link>
		<dc:creator>The Green Rich List: Wealthy Doesn&#8217;t Mean Savvy &#171; Earth2Tech</dc:creator>
		<pubDate>Mon, 02 Mar 2009 16:27:47 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-26237</guid>
		<description>&lt;p&gt;[...] after the stake lost a good deal of its value. In mid-2008 Cascade started to chip away at that stake, selling it off trade by trade. We&#8217;re not sure if it&#8217;s all gone by now, but it wasn&#8217;t [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] after the stake lost a good deal of its value. In mid-2008 Cascade started to chip away at that stake, selling it off trade by trade. We&#8217;re not sure if it&#8217;s all gone by now, but it wasn&#8217;t [...]</p>
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		<title>By: Ethanol Inc. Isn&#8217;t Going to Take it Anymore! &#171; Earth2Tech</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-20593</link>
		<dc:creator>Ethanol Inc. Isn&#8217;t Going to Take it Anymore! &#171; Earth2Tech</dc:creator>
		<pubDate>Wed, 12 Nov 2008 08:01:05 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-20593</guid>
		<description>&lt;p&gt;[...] latest evidence of that came from Pacific Ethanol, perhaps best known for being embraced and then rejected by Bill Gates&#8217; retirement fund. Only a week after ethanol giant VeraSun declared bankruptcy, [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] latest evidence of that came from Pacific Ethanol, perhaps best known for being embraced and then rejected by Bill Gates&#8217; retirement fund. Only a week after ethanol giant VeraSun declared bankruptcy, [...]</p>
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		<title>By: Jerry</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-18637</link>
		<dc:creator>Jerry</dc:creator>
		<pubDate>Sat, 11 Oct 2008 00:57:04 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-18637</guid>
		<description>&lt;p&gt;Its was smart to unload his stock. Today he stock closed at $.95 a share and will pobably go lower. Ethanel is a foolish investment since it has cost everyone because of  higher prices  of the cost of corn. The Chaiman of the Board of Pacific Ethanol unloaded a good deal of his shares which should have given Gates a good idea in selling.&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Its was smart to unload his stock. Today he stock closed at $.95 a share and will pobably go lower. Ethanel is a foolish investment since it has cost everyone because of  higher prices  of the cost of corn. The Chaiman of the Board of Pacific Ethanol unloaded a good deal of his shares which should have given Gates a good idea in selling.</p>
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		<title>By: Bill Gates invests in algae fuel &#124; An Inconvenient Blog</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-17664</link>
		<dc:creator>Bill Gates invests in algae fuel &#124; An Inconvenient Blog</dc:creator>
		<pubDate>Wed, 24 Sep 2008 09:44:26 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-17664</guid>
		<description>&lt;p&gt;[...] The stake in Sapphire Energy is not the first foray into alternative fuels for Gates&#8217; Cascade Investments. The firm invested in Pacific Ethanol, but later sold its shares as the company&#8217;s stock price fell. [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] The stake in Sapphire Energy is not the first foray into alternative fuels for Gates&#8217; Cascade Investments. The firm invested in Pacific Ethanol, but later sold its shares as the company&#8217;s stock price fell. [...]</p>
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		<title>By: Bill Gates invests in algae fuel &#124; EnergyModo</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-17289</link>
		<dc:creator>Bill Gates invests in algae fuel &#124; EnergyModo</dc:creator>
		<pubDate>Thu, 18 Sep 2008 01:40:39 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-17289</guid>
		<description>&lt;p&gt;[...] Investments. The firm invested in Pacific Ethanol, but later sold its shares as the company&#8217;s stock price fell.   [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] Investments. The firm invested in Pacific Ethanol, but later sold its shares as the company&#8217;s stock price fell.   [...]</p>
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		<title>By: Bill Gates Trash Talks Bill Gates &#171; Earth2Tech</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-14938</link>
		<dc:creator>Bill Gates Trash Talks Bill Gates &#171; Earth2Tech</dc:creator>
		<pubDate>Fri, 01 Aug 2008 07:11:57 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-14938</guid>
		<description>&lt;p&gt;[...] has not only turned into an influential investor in certain green stocks, but is pretty much devoted to managing Gates&#8217; massive booty from his decades of pillaging [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] has not only turned into an influential investor in certain green stocks, but is pretty much devoted to managing Gates&#8217; massive booty from his decades of pillaging [...]</p>
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		<title>By: Saundra Hummer</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-13555</link>
		<dc:creator>Saundra Hummer</dc:creator>
		<pubDate>Mon, 07 Jul 2008 23:06:27 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-13555</guid>
		<description>&lt;p&gt;We have run into serious problems with Ethanol.&lt;/p&gt;

&lt;p&gt;We have a lawn business which requires several pieces of equipment which are powered by small gasoline motors.&lt;/p&gt;

&lt;p&gt;Ethanol is known for eating up plastic, rubber, and fibre glass.  Our problem is with plastic, as there are plastic filters and plastic floats on the fuel lines.  Then to there is the fact that we were carrying our gas around in plastic gasoline cans, our good heavy metal ones having been stolen.  Now we learn that gasoline with Ethanol as an additive sitting in plastic cans can cause damage to your motors, as can any plastic or rubber which comes in contact with it.&lt;/p&gt;

&lt;p&gt;Ethanol in known to bind with water, and therefore it also ruins your valves and other parts, carburetors, etc.&lt;/p&gt;

&lt;p&gt;What are we do when we live where only gasoline with Ethanol will be available?  Will we need to shut down our business?&lt;/p&gt;

&lt;p&gt;We have already had damage done to several pieces of equipment by Ethanol, some repairable, but at a price, and other items have been ruined to the point where it is cheaper to buy new than to pay for parts and the repairs.&lt;/p&gt;

&lt;p&gt;Will there be recalls?  Will we, (and others) be compensated for our losses?  Will equipment be replaced with metal parts haven taken the place of plastic, rubber and fiberglass?&lt;/p&gt;

&lt;p&gt;We hadn&#039;t known of this, however, thinking back on how the fellow selling us a new motor acted, we know he knew.  Yet he didn&#039;t inform us, nor did he tell us that there might be stations around that still do have Ethanol free gasoline, and that they will have until Sept. 15, 2008.  Had he been above board, we could have at least avoided this problem until then.&lt;/p&gt;

&lt;p&gt;Small airports have Ethanol free gasoline, however it sells for over $7.00 a gallon, and is higher in octane than the 87% Octane small motors are designed to run on, yet that&#039;s less expensive than paying for all of the equipment loss and repairs.  It won&#039;t harm the motors they are telling us, but they will (strangly) lose power.  We will also have to sign a paper promising not to use it for anything but off road.&lt;/p&gt;

&lt;p&gt;If it is illegal to use Ethanol in airplanes due to it&#039;s inherent problems.  Then why not cars?&lt;/p&gt;

&lt;p&gt;Is driving down a crowded rush hour freeway any safer?  What would happen to a family in a stalled out or on fire car (It is know to cause fires.)?  Say, during rush hour traffic?  Like when you&#039;re approaching and along side LAX on a Friday night?  I mean to tell you, it could be the worst scenario possible.&lt;/p&gt;

&lt;p&gt;If illegal in airplanes, is it any safer in cars?  Without a car length ahead of you or behind you and you stall out when in high speed, and terribly crowded conditions?&lt;/p&gt;

&lt;p&gt;Already class action lawsuits have been filed, one by a fellow who incurred over $35,000.00 repairing his boat. Fibre glass gas tanks were part of his problem.&lt;/p&gt;

&lt;p&gt;Do you have an ATV, a snow mobile, a wave runner, or any other small motor piece of equipment?  If so, you need to think about what you can do to remedy what is going to happen to your pocket book, whether or not it is happening due to small time damage or, as in our case,  lost income plus unexpected and uncalled for expenses.  We see no solution, it will take some quick and big time changes to prevent everyone from being hit by this, and hit by this, and hit by this.&lt;/p&gt;

&lt;p&gt;Good luck to us all,&lt;/p&gt;

&lt;p&gt;Saundra&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>We have run into serious problems with Ethanol.</p>
<p>We have a lawn business which requires several pieces of equipment which are powered by small gasoline motors.</p>
<p>Ethanol is known for eating up plastic, rubber, and fibre glass.  Our problem is with plastic, as there are plastic filters and plastic floats on the fuel lines.  Then to there is the fact that we were carrying our gas around in plastic gasoline cans, our good heavy metal ones having been stolen.  Now we learn that gasoline with Ethanol as an additive sitting in plastic cans can cause damage to your motors, as can any plastic or rubber which comes in contact with it.</p>
<p>Ethanol in known to bind with water, and therefore it also ruins your valves and other parts, carburetors, etc.</p>
<p>What are we do when we live where only gasoline with Ethanol will be available?  Will we need to shut down our business?</p>
<p>We have already had damage done to several pieces of equipment by Ethanol, some repairable, but at a price, and other items have been ruined to the point where it is cheaper to buy new than to pay for parts and the repairs.</p>
<p>Will there be recalls?  Will we, (and others) be compensated for our losses?  Will equipment be replaced with metal parts haven taken the place of plastic, rubber and fiberglass?</p>
<p>We hadn&#8217;t known of this, however, thinking back on how the fellow selling us a new motor acted, we know he knew.  Yet he didn&#8217;t inform us, nor did he tell us that there might be stations around that still do have Ethanol free gasoline, and that they will have until Sept. 15, 2008.  Had he been above board, we could have at least avoided this problem until then.</p>
<p>Small airports have Ethanol free gasoline, however it sells for over $7.00 a gallon, and is higher in octane than the 87% Octane small motors are designed to run on, yet that&#8217;s less expensive than paying for all of the equipment loss and repairs.  It won&#8217;t harm the motors they are telling us, but they will (strangly) lose power.  We will also have to sign a paper promising not to use it for anything but off road.</p>
<p>If it is illegal to use Ethanol in airplanes due to it&#8217;s inherent problems.  Then why not cars?</p>
<p>Is driving down a crowded rush hour freeway any safer?  What would happen to a family in a stalled out or on fire car (It is know to cause fires.)?  Say, during rush hour traffic?  Like when you&#8217;re approaching and along side LAX on a Friday night?  I mean to tell you, it could be the worst scenario possible.</p>
<p>If illegal in airplanes, is it any safer in cars?  Without a car length ahead of you or behind you and you stall out when in high speed, and terribly crowded conditions?</p>
<p>Already class action lawsuits have been filed, one by a fellow who incurred over $35,000.00 repairing his boat. Fibre glass gas tanks were part of his problem.</p>
<p>Do you have an ATV, a snow mobile, a wave runner, or any other small motor piece of equipment?  If so, you need to think about what you can do to remedy what is going to happen to your pocket book, whether or not it is happening due to small time damage or, as in our case,  lost income plus unexpected and uncalled for expenses.  We see no solution, it will take some quick and big time changes to prevent everyone from being hit by this, and hit by this, and hit by this.</p>
<p>Good luck to us all,</p>
<p>Saundra</p>
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		<title>By: Ethanol Business - Ethanol Business And Benefits Of Dynamic Renewable Fuel</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-12228</link>
		<dc:creator>Ethanol Business - Ethanol Business And Benefits Of Dynamic Renewable Fuel</dc:creator>
		<pubDate>Fri, 06 Jun 2008 06:05:44 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-12228</guid>
		<description>&lt;p&gt;[...] Earth2Tech reports that Gates&#8217; investment firm, Cascade Investment, has been selling off large chunks of stock at a big loss in recent weeks. And Neil Koehler, Pacific Ethanol&#8217;s chief executive, tells the Sacramento Bee that he is not concerned that the Microsoft co-founder is reducing his position in the company. Gates previously owned about 20%, though it is dropping into the 10 percent range, according to the Bee. [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] Earth2Tech reports that Gates&#8217; investment firm, Cascade Investment, has been selling off large chunks of stock at a big loss in recent weeks. And Neil Koehler, Pacific Ethanol&#8217;s chief executive, tells the Sacramento Bee that he is not concerned that the Microsoft co-founder is reducing his position in the company. Gates previously owned about 20%, though it is dropping into the 10 percent range, according to the Bee. [...]</p>
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		<title>By: The latest ethanol non-fan? Bill Gates &#124; Electric Powered Cars</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-12201</link>
		<dc:creator>The latest ethanol non-fan? Bill Gates &#124; Electric Powered Cars</dc:creator>
		<pubDate>Thu, 05 Jun 2008 14:44:39 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-12201</guid>
		<description>&lt;p&gt;[...] is taking a big hit to get out of his ethanol investments. According to the Sacramento Bee and Earth2Tech, Gates&#8217; investment firm, Cascade Investment, has sold off over two million shares of Pacific [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] is taking a big hit to get out of his ethanol investments. According to the Sacramento Bee and Earth2Tech, Gates&#8217; investment firm, Cascade Investment, has sold off over two million shares of Pacific [...]</p>
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		<title>By: The latest ethanol non-fan? Bill Gates &#187; Hybrid News</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-12197</link>
		<dc:creator>The latest ethanol non-fan? Bill Gates &#187; Hybrid News</dc:creator>
		<pubDate>Thu, 05 Jun 2008 13:41:43 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-12197</guid>
		<description>&lt;p&gt;[...] is taking a big hit to get out of his ethanol investments. According to the Sacramento Bee and Earth2Tech, Gates&#8217; investment firm, Cascade Investment, has sold off over two million shares of Pacific [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] is taking a big hit to get out of his ethanol investments. According to the Sacramento Bee and Earth2Tech, Gates&#8217; investment firm, Cascade Investment, has sold off over two million shares of Pacific [...]</p>
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		<title>By: Matt</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-12170</link>
		<dc:creator>Matt</dc:creator>
		<pubDate>Wed, 04 Jun 2008 23:15:23 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-12170</guid>
		<description>&lt;p&gt;Ethanol is a silly investment because its primarily subsided by US Govornment Corn Subsidies and corn needs to be converted into sugar (mashed), fermented and distilled to create ethanol so the energy inputs out weigh the energy outputs .When the industry moves to biodiesel from algae or uses reverse osmosis to extract the ethanol  from the wash (fermented liquid) then there might be a sea change until then its a Industry propped up by keeping the price of  corn low while the US government props up the industry with subsidies .&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Ethanol is a silly investment because its primarily subsided by US Govornment Corn Subsidies and corn needs to be converted into sugar (mashed), fermented and distilled to create ethanol so the energy inputs out weigh the energy outputs .When the industry moves to biodiesel from algae or uses reverse osmosis to extract the ethanol  from the wash (fermented liquid) then there might be a sea change until then its a Industry propped up by keeping the price of  corn low while the US government props up the industry with subsidies .</p>
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		<title>By: Idiot Inc. &#187; Bill Gates runs away from Pacific Ethanol</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-12167</link>
		<dc:creator>Idiot Inc. &#187; Bill Gates runs away from Pacific Ethanol</dc:creator>
		<pubDate>Wed, 04 Jun 2008 21:15:25 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-12167</guid>
		<description>&lt;p&gt;[...] managed investment fund, Cascade Investment, has been selling off its stake in Pacific Ethanol at a loss. Naturally, the stock has hit a 52-week low ($3.15) from a high of [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] managed investment fund, Cascade Investment, has been selling off its stake in Pacific Ethanol at a loss. Naturally, the stock has hit a 52-week low ($3.15) from a high of [...]</p>
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		<title>By: Bill Gates Says See Ya to His Pacific Ethanol Stake - GigaOM</title>
		<link>http://earth2tech.com/2008/06/04/bill-gates-slashing-stake-in-pacific-ethanol/#comment-12162</link>
		<dc:creator>Bill Gates Says See Ya to His Pacific Ethanol Stake - GigaOM</dc:creator>
		<pubDate>Wed, 04 Jun 2008 20:24:38 +0000</pubDate>
		<guid isPermaLink="false">http://earth2tech.com/?p=2378#comment-12162</guid>
		<description>&lt;p&gt;[...] Edit Staff, Wednesday, June 4, 2008 at 1:24 PM PT     Bill Gates has been slowly selling off his 20.6 percent stake in ethanol producer Pacific Ethanol. Gates&#8217; private investment and holding company, Cascade Investment, has been whittling down its stake trade by trade, and by last Friday Cascade had sold off a total of 1.4 million shares in three days, or roughly $5 million worth of Pacific Ethanol stock. The bloom has sure fallen off the ethanol rose, as the margins for ethanol makers have been growing way thin. For the full story, go to Earth2Tech. [...]&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>[...] Edit Staff, Wednesday, June 4, 2008 at 1:24 PM PT     Bill Gates has been slowly selling off his 20.6 percent stake in ethanol producer Pacific Ethanol. Gates&#8217; private investment and holding company, Cascade Investment, has been whittling down its stake trade by trade, and by last Friday Cascade had sold off a total of 1.4 million shares in three days, or roughly $5 million worth of Pacific Ethanol stock. The bloom has sure fallen off the ethanol rose, as the margins for ethanol makers have been growing way thin. For the full story, go to Earth2Tech. [...]</p>
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