Earlier this month my post “Ethanol bust documented on blogosphere?” revealed a change in public opinion regarding the ethanol boom as witnessed via the blogosphere.  Over the past two weeks, however, the blog traffic I monitored appeared more positive on ethanol and its future as a source of renewable energy in the US– until I caught glimpse of an article from the Des Moines Register business section about venture capitalist John Pappajohn’s decision to abandon his purchase of multiple rural ethanol plants. Pappajohn originally planned on placing a fleet of plants under one management structure.

“The move by Iowa’s best-known investor is another sign of troubling news for the ethanol industry, which is suffering from low prices and profits and a potential glut of the biofuel.”

Tags: Blog Analysis //