Cellulosic Ethanol Industry Will Expand with Strong Policy
Farm Futures
Compiled by staff
Published: Jan 4, 2012
Continued support for development of commercial cellulosic ethanol is a must.
Ethanol interests are lobbying Washington to extend a $1.01 per gallon tax credit for cellulosic ethanol as the industry struggles to get off the ground.
EPA has called for 8.65 million gallons of cellulosic to be produced in 2012, up from 6.6-million this past year, but far below the 500 million envisioned by Congress two years ago.
Jeff Broin, chairman and CEO of POET, the world's biggest producer of grain-based ethanol, says holding onto the cellulosic tax credit is a must.
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