June 8, 2007 - Exclusive
By Dana Childs, inside greentech
Profits could disappear from the corn ethanol industry by the end of this year, said researchers at Iowa State University, in the latest of a string of doomsday predictions for the industry.
"We think the expected returns to an ethanol plant are zero or negative in 2008," said Bruce Babcock, economist and director of the Center for Agricultural and Rural Development at Iowa State, in Ames, Iowa [Click here to read full article...]
Sunday, June 10
Corn ethanol unprofitable by 2008, says Iowa State
Labels:
biofuel,
Clean Energy,
Cleantech,
ethanol,
green energy
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