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Old 04-18-2007, 09:53 AM   #26
mykalberta
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Quote:
Originally Posted by Bobblehead View Post
I'm in the "I like the idea, but I'll believe it when I see it" camp. I've been reading where the requirements of all the ethanol plants already in production + being built + announced are greater than out ability to supply. Corn futures are already trending up and stockpiles are disappearing.

I applaud the progress, I just hope it turns out like expected.
From what I have heard, Alberta plans to use this to offset carbon credits if it ever gets to that point.

Also I am pretty sure its a go, the company got a 120$ mil grant from the US deparment of Energy for this project (second larges amount given out) so they already have part of the money.

Good for farmers who will finally be able to make some money by driving the price up.

MYK
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