Able Quote by Vinod Khosla
“Now it will take a long time to scale biofuels, but I'm the only one in the world forecasting oil dropping in price to $35 a barrel by 2030. I'll put it on the record: Oil will not be able to compete with cellulosic biofuels. If you do it from food, the food will get so expensive you can't make fuel out of it.”
About This Quote
Source Interview: Podcast with Khosla, 2023
Predicts oil prices will fall, making biofuels competitive, especially cellulosic, while food‑based biofuels will be too costly.
In simple terms: Oil cheap, cellulosic biofuels win, food biofuels too pricey.
Key Takeaway
Invest in cellulosic biofuel research now.
Themes
energy
economics
technology
food security
environment
Mood
optimistic
analytical
cautious
Type
policyophical
forecasting
strategic
When to use this quote
- policy planning
- investment decisions
- fuel production
- food pricing
- energy transition
Key Concepts
price dynamics
renewable energy
resource allocation
Questions to Reflect On
- How will policy affect biofuel adoption?
- What are the risks of relying on cellulosic feedstocks?
A Different Perspective
Assumes rapid tech breakthroughs and policy support, which may lag.
