The farm bill ups the cellulosic ethanol ante

The new law also contains some goodies for investors who want to build cellulosic ethanol plants. It provides mandatory funding for a program that went unfunded in the 2002 farm bill for "grants to demonstration-scale plants up to 30% of costs, and loan guarantees for commercial-scale plants (up to $250 million per plant)." No estimate is given on how much this will cost taxpayers. Full Story »

Posted by Kaizar Campwala

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