Today in Biofuels: US requires $105.5 billion in capital to meet Renewable Fuel Standard; ethanol train derails in Pennsylvania; Brazil’s ethanol production up 20 percent; Greenpeace leader says biodiesel yields are inflated
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The Farm Credit Council said that, following the signing of the Energy Independence and Security Act, US industry will require $105.5 billion in capital to meet the new Renewable Fuel Standard. Council director Ken Auer questioned whether commercial bankers would continue to “sit back and wait for someone else to take the financing risk […]
