The Stimulus: Are "Green Jobs" Corporate Welfare?

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Louisiana will create jobs by growing ethanol demand, specifically hydrous ethanol demand, beyond the 10% blend market.

Governor Bobby Jindal has signed into law the Advanced Biofuel Industry Development Initiative, Act 382, the most comprehensive and far-reaching state legislation in the nation enacted to develop a statewide advanced biofuel industry. The legislature found that the proper development of an advanced biofuel industry in Louisiana requires implementation of the comprehensive “field-to-pump” strategy:

(1) Feedstock other than corn;

(2) Decentralized network of small advanced biofuel manufacturing facilities;

(3) Variable blending pumps, in lieu of splash blending, will offer the consumer E10, E20, E30 and E85; and

(4) Hydrous ethanol.

"Field-to-Pump" is a unique strategy created by Renergie, Inc. to locally produce and market advanced biofuel (“non-corn ethanol”) via a network of small advanced biofuel manufacturing facilities. The purpose of “field-to-pump” is to maximize rural development and job creation while minimizing feedstock supply risk and the burden on local water supplies.

For more information, feel free to visit: http://en.wikipedia.org/wiki/Field-to-Pump

Brian J. Donovan of FL 2:11PM March 13, 2009

"There's no doubt that grant for Iogen created jobs. But it did so in the form of corporate welfare. That helps a few established businesses, not the entrepreneurs trying to create things from the ground-up. Like these energy bills, the stimulus package is a flypaper for special interests. Check out David Boaz on how the stimulus has become a lobbyist feeding frenzy."

Well, actually there's serious doubt whether or not that grant created jobs because that grant was never given out.

Iogen never built a plant in Idaho and put a hold on their project there and never received a red cent for the US government.

:)

Thom Schegel of OH 11:16PM February 08, 2009

Louisiana will create jobs by growing ethanol demand, specifically hydrous ethanol demand, beyond the 10% blend market.

Governor Bobby Jindal has signed into law the Advanced Biofuel Industry Development Initiative, the most comprehensive and far-reaching state legislation in the nation enacted to develop a statewide advanced biofuel industry. Louisiana is the first state to enact alternative transportation fuel legislation that includes a variable blending pump pilot program and a hydrous ethanol pilot program.

Field-to-Pump

The legislature found that the proper development of an advanced biofuel industry in Louisiana requires implementation of the comprehensive Field-to-Pump strategy developed by Renergie, Inc.:

(1) Feedstock other than corn:

(a) derived solely from Louisiana harvested crops;

(b) capable of an annual yield of at least 600 gallons of ethanol per acre;

(c) requiring no more than one-half of the water required to grow corn;

(d) tolerant to high temperature and waterlogging;

(e) resistant to drought and saline-alkaline soils;

(f) capable of being grown in marginal soils, ranging from heavy clay to light sand;

(g) requiring no more than one-third of the nitrogen required to grow corn, thereby reducing the risk of contamination of the waters of the state;

(h) requiring no more than one-half of the energy necessary to convert corn into ethanol;

(2) Decentralized network of small advanced biofuel manufacturing facilities;

(3) Variable blending pumps in lieu of splash blending; and

(4) Hydrous ethanol.

Renergie looks forward to working closely with the Obama-Biden administration to:

(a) reduce U.S. dependency on imported oil;

(b) repeal the ethanol import tariff;

(c) maximize the environmental benefits of ethanol-blended transportation fuels; and

(d) create jobs in rural areas of the United States by growing ethanol demand, specifically hydrous ethanol demand, beyond the 10% blend market.

Please feel free to visit Renergie’s weblog (renergie.wordpress.com) for more information.

Brian J. Donovan of LA 4:11PM February 07, 2009

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Risky Business

Risky Business

Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.

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