Today in Biofuels Opinion: “The news seems everywhere these days that ethanol is dead as a doornail.”
From midwestagnet.com: “We need you to stand up! The Iowa Corn Growers Association and the Iowa Corn Promotion Board have sponsored the Iowa Corn Indy 250 for the past 2 years as an event to celebrate the league running on 100% corn ethanol. To Iowa Corn’s disappointment the IRL recently announced a sponsorship agreement with APEX-Brasil to promote foreign ethanol. We urge Iowans to express their frustration at the IRL’s support of foreign fuel and ask for the IRL’s support of American made corn ethanol.”
From Clean Tech Blog: “The news seems everywhere these days that ethanol is dead as a doornail: It’s easy to pin the tough times for ethanol on the left-right combination of precipitous declines in oil/gasoline prices and the global credit crunch. True, ethanol plants are capital-intensive, and a reduction in product price is never a good thing for any producer. But I believe the issue is less about fuel prices and capital markets than about corn. As a recent article by columnist Doug Saunders of The Globe and Mail in Toronto points out, “food is no longer just food”. In Saunders’ terms, “there has been a “bushels-to-barrels-to-Btus convergence”.
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