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ethanol profits


Iowa State University researchers say corn ethanol not profitable after 2008

All the money rolling into the ethanol/corn industries may come to a screeching halt in a year or two, say researchers at Iowa State University. Inside Green Tech spoke to Bruce Babcock, economist and director of the Center for Agricultural and Rural Development at ISU, who say that, "We think the expected returns to an ethanol plant are zero or negative in 2008." That's a dire prediction for an industry that's been building ethanol plant's like there's a greener tomorrow in each one. And it's certainly different than what people in the ... Read more →

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