Iowa boom of biofuels is the number 1 business story of 2006
The newspaper displays the library, ethanol, in more than 650 articles record this year, compared to about 360 stories about the sale and closure of operations Newton-Maytag Corp.
The alcohol fuel dates back almost as far as the automotive industry in the USA, while ethanol has not been seriously considered as a modern source of fuel after the Arab oil embargo of 1970’s. Even then, industry to fight for the adoption until recently, that high oil prices and air pollution increases the visibility and popularity of ethanol. Congress “Energy Law in 2005 - using ethanol necessary to double by the year 2012 - and President Bush’s State of the Union Address this year gave a large increase in the industry.
During 2006, spent a week ago, when it was not significant on ethanol. Sometimes it was new research results. Sometimes it was for new facilities or investments.
Iowa’s emerging biofuels industry soy includes diesel, which is an essential element of progress during the year 2006.
The impact that biofuels can be expected that the economy in Iowa was in comparison with the invention of hybrid corn in the 20th century. The hybrid corn Iowa’s radically changed the landscape of small farms hectares on the massive row crop operations today. Now, ethanol is used as a means to restore the wealth of some, dehydrated rural Iowa that the success of hybrid corn new problems: overproduction and low prices of raw materials
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