Institute for Local Self-Reliance Report: Federal Policies Minimize Benefit of Biofuels and Wind Investment in Rural Communities

GrainNet.com
Date Posted: September 8, 2008

Minneapolis, MN—The next 20 years could generate as much as $1 trillion in new investment in renewable energy in rural America.

But as a new Ford Foundation-sponsored study by the Institute for Local Self-Reliance (ILSR) argues, current federal policies minimize the benefit of that investment to rural economies.

Existing federal policies encourage large-scale, absentee owned wind farms and biofuel plants, notes the report, Rural Power: Community-Scaled Renewable Energy and Rural Economic Development.

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