corn ethanol

In biofuels circles, especially within the walls of the U.S. ethanol industry, Brazil has long been seen as a competitor for America's corn-based fuel.  Industry representatives have gone so far as to label Brazil's ethanol industry as a threat to domestic production and U.S. energy independence.  In 2011, however, this couldn't be further from the case:  data from the U.S. Energy Information Association (EIA) shows Brazil actually propelled the United States to record ethanol exports last year.

Dallas-based specialty material company Celanese Corp. (NYSE: CE), which has developed new technology to convert natural gas to ethanol, has plans to commerciall produce the fuel additive, with hopes of bringing it to US consumers.

A new report [pdf] conducted by Impact DataSource shows POET's Project LIBERTY could generate as much as US$37.8 billion in economic activity over the next 20 years.

There may be a new player in the U.S. ethanol market. With oil prices soaring this week and the uncertainty over ethanol and farm subsidies, plans to build the nation's first sugar beet bio-fuels processing plant in North Dakota will be unveiled at statewide press conferences in Fargo, Jamestown and Bismarck on Monday on Monday, Dec. 13.

Standing in solidarity, a group of U.S. Democrat and Republican (GOP) senators have signed a letter calling for the expiration of ethanol subsidies during this Congress.

Former U.S. Vice President Al Gore has said he made a mistake promoting first generation corn ethanol during his presidential campaign in 2000.

Over the past year the corn ethanol industry has taken a beating in terms of its image as well as its financial bottom line.  However, the industry may be going through a minor renaissance.

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