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Ms. Caseltine covered the areas of our assets and liabilities, workforce availability, <br />transportation, and cultural activities and explained the ways of making economic development <br />work. She addressed the topics of what we have to offer these businesses, and what our clients <br />are looking for. She also outlined the challenges we face in terms of competition. <br />Ms. Caseltine stated that ideas and recommendations were solicited from community <br />leaders during a December 2008 Summit, as to what could be done right here, right now, to get <br />our economy back on its footing, and their three top recommendations were: adequate funding, <br />enhanced incentives, and re -branding our community's image. After explaining the funding <br />advantages for the Council, she concluded by reiterating that in Economic Development, in the <br />big picture, it is all about attitude, time, cost and long term commitments. <br />C. INEOS NEW PLANET ENERGY <br />"Back to the Future" - Ray Crabbs <br />Ray Crabbs presented his "groundbreaking technology" on renewable energy, and <br />explained how carbon molecules are converted into Ethanol. He said corn was not needed, and <br />carbon materials consist of household garbage, used auto tires, railroad ties, sewage sludge, and <br />anything that is organic or of a carbon -base compound, which includes landfill gas. <br />Mr. Crabbs displayed a flowchart Diagram of the New Planet BioEnergy Process, and <br />explained how ethanol and electricity is produced from carbon through the ingestion of synthesis <br />gas (gasified waste). He described how oxygen is piped through a Gasifier, not an incinerator; <br />how synthesis gas is created; and what happens in the fermentation, cell filtration, and distillation <br />stages, resulting in the end product, Ethanol. He compared Corn Ethanol to their New Planet <br />8 <br />February 5, 2009 <br />Economic Summit Workshop <br />13bPG128 <br />