Don't let all the bad press ethanol's been getting lately fool you -- 2007 was one hell of a year for the ethanol industry, and 2008 promises to be just as good. Like it or not, ethanol is here to stay. Full Story »
Posted by Kaizar Campwala
From Fortune 2/28/08: Cargill announces it's scrapping plans for a $200 million ethanol plant near Topeka, Kan. A judge approves the bankruptcy sale of an unfinished ethanol plant in Canton, Ill.. And that was just Tuesday. Indeed, plans for as many as 50 new ethanol plants have been shelved in recent months, as Wall Street pulls back from the sector, says Paul Ho, a Credit Suisse investment banker specializing in alternative energy. Financing for new ethanol plants, Ho says, "has been shut down." http://money.cnn.com/2008/02/27/magazines/fortune/ethanol.fortune/index.htm
