Okay, I'll be upfront about my point of view. I think corn ethanol is a bad idea. Yesterday I read about the construction of a coal-fired, corn ethanol plant in Heron Lake, Minnesota. That's right, a group of farmer investors are behind a $97 million corn ethanol plant that will burn greenhouse gas producing coal in the process. Why are they doing this? Because the price of natural gas is increasing, and coal is cheaper. The Heron Lake plant, located in an area known for its duck hunting, will save $5 million each year by burning coal rather than natural gas.
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