Ethanol & biodiesel

Wednesday, June 13, 2007

From Week in Review on the Web site of the Milwaukee Journal Sentinel:

Analysts warn against ethanol saturation
The rush to build ethanol plants could produce an investment bubble that bursts and undermines the biofuel's prospects in Wisconsin. Most industry analysts remain optimistic about ethanol, especially if the government mandates more of its use amid rising petroleum prices. But there's growing concern that too many ethanol plants are being built as investors rush to capitalize on the trend.

Port of Milwaukee vies for biodiesel refinery
The Port of Milwaukee is negotiating to get one of the state's first biodiesel refineries. If the talks are successful, construction on the $12.5 million refinery could begin this fall on Jones Island near the Milwaukee Metropolitan Sewerage District's wastewater treatment plant. The refinery would take soybean oil, a renewable energy source, and refine it into fuel suitable for diesel-engine vehicles. The demand for such fuel is growing as more states mandate the use of renewable energy or at least provide incentives for it.

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