Speaker
Fairman Thomson
Position
Investor in Green Renewable Energy, Ethanol & Nutrition-Holding, LLC
Presentation Summary
Our mission at Green Renewable Energy Ethanol & Nutrition-Holding LLC is to create renewable energy sources such a bio-fuels and value-added products while benefiting the environment and economy. Ethanol production is a primary way our company fulfills that mission. Ethanol production from crops is a proven Midwest technology that results in home-grown fuel for internal combustion engines as well as cattle feed and carbon dioxide as by-products of the process.
Corn is the primary feedstock for ethanol production in the U.S. Forty million bushels of corn can produce 100 million gallons of ethanol, 320,000 tons of dried distillers grains for cattle fed and 320,000 tons of carbon dioxide. In addition to reducing dependence on foreign oil, domestic production of ethanol creates jobs and enriches the livestock economy where plants are located.
The Energy Policy Act of 2005 mandates that a minimum of 7.5 billion gallons of renewable fuels be used in the nation’s highway fuel supply per year by 2012. In addition, the Clean Air Act requires the use of cleaner burning fuels such as ethanol in states such as those in the Northeast that have not attained required clean air levels. Most of ethanol production plants in the U.S. are located in the Midwest. Yet there is an excellent market for future ethanol production in northeastern states such as Pennsylvania.
Sites for future construction of ethanol plants must have railroads nearby, a ready supply of energy and ample water. While there are numerous sites that have these attributes there are fewer sites that have two other factors important to ethanol production – proximity to fuel pipeline and blending facilities and a ready supply of easily deliverable corn. A site our organization has selected in Tremont, Pennsylvania has these qualities and we are in the process of working with state and local authorities in preparation for developing an ethanol plant there to produce renewable fuel for the Northeast market.
In an effort to provide wide-ranging views and perspectives regarding the practice of and issues surrounding agriculture, the Philadelphia Society for Promoting Agriculture (PSPA) seeks speakers representing a variety of perspectives. The statements and opinions they present are strictly their own and do not necessarily represent the views of PSPA.