Sen. Bingaman Calls on Congress to Help Ailing Ethanol Industry. By Clifford Krauss, NYTimes, February 12, 2009. "Jeff Bingaman, the powerful chairman of the Senate Energy and Natural Resources Committee and a New Mexico Democrat, says Congress may need to help the ethanol industry... Corn ethanol plants are closing almost every week, and many technological hurdles remain before advanced biofuels made from cellulosic materials like wood and sugar wastes can be become commercial. Private investment money is drying up. It was not supposed to be that way when Congress mandated a doubling of corn ethanol use to 15 billion gallons a year by 2015 and the use of an additional 21 billion gallons of ethanol and other biofuels produced from materials collectively known as biomass. Now the 2010 target for cellulosic ethanol of 100 million gallons produced appears virtually impossible to meet."
2009-02-17
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