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Study highlights needs of renewable fuels industry

Nov 5, 2007
—Rural communities shown to benefit from renewable fuel boom. A new study has identified the required private capital investment necessary for the renewable fuels industry to achieve the production goals established in the proposed Energy Bill. “The capital cost to meet the 36 billion gallon renewable fuels target by 2022 amounts to $105.5 billion (2007 dollars),” the study completed by John Urbanchuk, a leading analyst of the biofuel...

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