Cellulosic Ethanol Needs funding, Expert Says

Ethanol made from crops other than corn won't account for any U.S. biofuel production before 2016 without new government subsidies, an Iowa State University researcher said Wednesday.

"Switchgrass never works, biodiesel never works, because the acres you'd use for that is better used for corn," based on crop yields and farmer profits, Iowa State agricultural economist Dermot Hayes said at a conference sponsored by Informa Economics Inc.

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