WBIA BLOG

Big Oil’s misinformation

The long stated myth that ethanol is to blame for higher food prices has been most recently debunked by new data from the Food and Agriculture Organization of the United Nations’ international food price index.

According to the FAO, in the past year, domestic grain prices have gone down about 9 percent, but meat prices are over 20 percent higher – all of this in a time when national ethanol production has risen slightly in the US.

Big Oil is spending millions of dollars trying to con American consumers into believing that ethanol production raises the price of their food. They are basing their campaigns on lies and misinformation in an effort to limit consumer choices at the pump.

Domestic prices for corn and other grains are dropping quickly while meat prices for consumers are up 11.6 percent in the same time period. Clearly, grain pricing has little to do with what consumers end up paying as food prices in most of the US are up 2.5 percent compared to last year while farmers are struggling to make a profit.

“Corn prices are below the cost of production for most farmers, and ethanol is selling approximately $1 per gallon less than the gasoline on the wholesale marketplace,” said Tom Buis, CEO of Growth Energy. “The unrelenting deception coming from these trade associations to continue to perpetuate this lie to mask their growing profits at the expense of the American consumer is deplorable. Their greed and deception knows no boundaries. It’s time for Big Oil and its Big Food allies to begin telling the truth.”

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RELEASE: Alliance Federated Energy Announces Renewable Energy Project in Wisconsin

MILWAUKEE, February 2, 2010 – Alliance Federated Energy (AFE) on Monday formally announced the development of “Project Apollo,” a 25MW renewable energy project located in Milwaukee, Wisconsin.

Project Apollo plans to utilize Westinghouse Plasma Corp.’s (WPC) plasma gasification technology to process municipal and industrial wastes into renewable energy. Because there is no combustion, the waste is not burned but converted into its original elemental form, creating significant quantities of clean syngas that can be used to generate electricity, steam or bio-fuels. There are several facilities operating commercially around the world using WPC technology and several more in final design phase and or construction.

The $225 million project is expected to create more than 250 jobs during the construction process and employ 45 full time people once operational. Approximately 30% of the waste feedstock is already committed from Badger Disposal of Wisconsin, one of region’s leading industrial waste management services companies. Discussions are underway with third parties for the sale of syngas and electricity.

AFE plans to have the project operational in late 2013. The first phase of the renewable energy facility is expected to process approximately 1200 tons of municipal and industrial waste per day, generating enough clean energy to power roughly 20,000 homes in the Milwaukee area. “This commercially proven technology is the ultimate in recycling,” said Christopher Maloney, CEO of Alliance Federated Energy, “and we are pleased to be building our first project right here in Wisconsin, a state committed to promoting environmental stewardship and technological innovation.”

“We are pleased that AFE has selected Wisconsin for their first renewable energy project,” said Wisconsin Governor Jim Doyle. “This technology has real potential to help us address the growing need for clean renewable power. Project Apollo will create new clean energy jobs in our state, reduce the need for continued land filling of our wastes, and reduce greenhouse gases.”

“The site AFE has chosen for this project is well suited for this facility”, said Mike Zebell P.E. of AECOM (NYSE:ACM), a Fortune 500 company serving clients in more than 100 countries and a global provider of professional technical, environmental and management support services. “We believe that this technology is not only environmentally friendly but ready for large-scale commercialization. We are excited to partner with an entrepreneurial firm like AFE, one of the industries leading developers focused on building environmentally responsible energy projects using plasma gasification technology.”

CorVal-Ryan (CorVal), a leading EPC firm in the alternative energy sector, has been selected to design and fabricate the facility, bringing their 85-year history of performance excellence to the AFE team. “We believe that plasma gasification technology has the potential to be a major player in the renewable energy market and are excited to be working with AFE on their Apollo Project” said Bob Cutshall, President at CorVal-Ryan. “We have a number of plasma gasification based renewable energy projects in design or under construction and see that number growing in the coming years” he added.

About Alliance Federated Energy
Established in 2005, Alliance Federated Energy is a developer of renewable energy and related infrastructure projects focused on environmentally sustainable technologies, with a specific focus on plasma gasification technology for electric generation and energy production. For more information, please visit http://www.afeservices.com.

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