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Economy / Energy

Biofuel Funding Goes Elsewhere

By Sarah Brodsky on Jun 26, 2007

Missouri was not selected to be the site of a federally-funded biofuels research center:

The Department of Energy announced Tuesday it will fund three biofuels research centers in Oak Ridge, Tenn., Madison, Wis., and near Berkeley, Calif.

I, for one, am not sorry. Economic growth happens when entrepreneurs work to satisfy consumers’ needs, not when established organizations vie for federal dollars. If biofuel is really a good idea, it’ll be profitable to invest in it even without government funds.

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Sarah Brodsky

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