In a recent report, Dr. Cole R. Gustafson, an economist at North Dakota State University, found that despite current economic challenges, the US ethanol industry is poised to significantly increase the production of ethanol derived from wood chips, corn cobs, switchgrass and other forms of cellulose.
Gustafson, however, also took note of the challenges facing the industry -- the lack of capital, uncertainty in U.S. financial markets, and overall industry prospects. If these challenges are not met by the industry and...
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