Today in Biofuels Opinion: “At year’s end, the ethanol industry comprised 172 operating plants in 25 states with production capacity of 10.6 billion gallons.”

John M. Urbanchuk, Director, LECG LLC: “At year’s end, the ethanol industry comprised 172 operating plants in 25 states with production capacity of 10.6 billion gallons. The economic challenges in 2008 prompted a wave of bankruptcies including one major producer that closed 12 plants representing nearly 1.2 billion gallons of capacity. Nationwide, 23 ethanol plants accounting for 1.7 billion gallons of capacity were idled during the year.”

University of Chicago President Robert Zimmer, on the launch of the Community Integrated Model of Economic and Resource Trajectories for Humankind (CIM-EARTH): “There is a growing urgency for energy policy reform, but it would be short-sighted to make any serious changes without a thorough understanding of the technical, economic and social implications. CIM-EARTH will equip policymakers around the globe with a multi-dimensional analysis of their options, which is our best chance at implementing effective, long-term solutions.”

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Malaysia issues 91 biodiesel producing licenses; brings planned capacity to 2.78 billion gallons per year

In Malaysia, the national government announced that it has issued 91 licenses for biodiesel production with a combined capacity of 2.78 billion gallons per year. The country currently has 450 Mgy in c...

U.S. ethanol production will rise 20% in 2007

US AgNet reports that: "The ethanol industry has increased production capacity by 20% this year to about 6.48 billion gallons per year, according to the Renewable Fuels Association. By the end o...

US biodiesel production plunges to 22 percent of capacity; feedstock costs, low demand are culprits

The National Biodiesel Board reports that US biodiesel producers are operating at 22 percent of their 1.85 billion gallon capacity, due to high feedstock prices and low demand from petroleum marketers...

Today in Biofuels Opinion: “[The Ethanol industry has] “generated an estimated $33.4 billion in tax revenue for the Federal government”

Sergio Ramírez Robles of Biofields, investor in Algenol: "Our business plan projected a 850 million dollar investment at the end of our first step (4 years) [and will] produce 250 million gallons of ...

Corn expert predicts 100% increase in biofuel demand for US corn by 2009 as corn acreage falls

An industry researcher speaking at the International Corn Industry Conference in Dalian, China, projected US ethanol production capacity will increase from 6.7 billion gallons today to 20.43 billion g...

Pennsylvania plan introduced for 1 billion gallons of biofuel by 2017

In Pennsylvania,  Gov. Ed Rendell introduced a plan for 1 billion gallons of biofuels be produced and consumed in the state by 2017. The governor said that Pennsylvania spends about $30 billion ann...