Posts Tagged ‘VeraSun’

Ethanol – the Good, the Bad, the Ugly, and the Beautiful

We must transition from fuel from food and haste to fuels from wood and waste. Although the economics do not yet favor major production, pilot plants are taking wood and paper waste and converting it to fuel. Other cellulosic material is even more promising. Some grasses , energy crops, and hybrid poplar trees promise zero-emission fuel sources. These plants absorb CO2 and sequester it in the soil with their deep root systems.

North Dakota Ethanol Producers are at Risk as Fund Dries Up

Editor’s Note: Sasha is one of the newest additions to the Gas 2.0 writing team. Welcome Sasha!

North Dakota’s fund for helping ethanol producers hedge against fluctuating corn prices is about to run out, and the producers are getting worried.

haydnseek at Flickr under a Creative Commons license

The fund, paid for in part by farm vehicle registrations, was drained by high corn prices earlier this year, according to the Bismark Tribune. Ethanol facilities operate on very slim margins, amplifying the effect of market turbulence. The goal of the fund, run by the North Dakota Commerce Department, was to create a safety net — $1.6 million per year to be exact — for existing ethanol production facilities and to draw new facilities in as well. Now the fund only has $2.4 million left.

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