Professor Lonnie Ingram of the University of Florida: “We need to get off foreign oil, but this could do more than that. It could start a new industry, especially in Florida where we can grow so much of this material. I would never have thought that we’d be working on this for so long.”[The $750 billion Wall Street bailout fund is] enough capital for enough alternative fuels to totally eliminate our need for imported fuels. But if we asked Congress to do that, we’d be laughed out of Washington.”
Michael Anderson, CEO of The Andersons: “The economics of the ethanol industry … have continued to worsen. Our focus is to operate the plants we have well.”
What do you think? What do you think this story means for bioenergy? Leave a comment below and get the community engaged on what you see as the real issues - others will be glad you did!
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