Ethanol Plants No Panacea For Local Economies, Study Finds

Friday, February 27, 2009 - 15:28 in Mathematics & Economics

Just over a year ago, the US ethanol industry was still in overdrive, fueling a wave of new factories to keep pace with surging demand for the corn-based gasoline additive. But the boom has since stalled amid a deep economic downturn that has stifled demand, one of many threats to the fledgling industry that were forecast in a 2007 study.

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