GoodFuels

RFA’s Bob Dinneen on E&ETV

The Renewable Fuels Association’s president and CEO, Bob Dinneen, was interviewed by E&ETV yesterday about the state of the ethanol industry now and the outlook for 2009.

Dinneen says that the future of the ethanol industry is “brighter today than ever before,” citing the Renewable Fuels Standard (passed in late 2007) as a growth engine for the industry.

However, he also points out that the ethanol industry is not immune to the challenges that every market seems to be facing these days when it comes to financing and expansion. He predicts that there will be more consolidation in the months to come but that 2009 looks to be a good year for the industry, especially with President-Elect Obama’s pro-ethanol stance.

Take a look at the video here.