The Rock River Valley in northern Illinois is becoming a showcase for alternative energy: three ethanol plants, a biodiesel facility, three wind-powered electrical farms, a methane-powered generator and research and development site for fuel alternatives. The investment over six years could reach $750 million. Subsidies and incentives are the key, according to a story in the Rockford paper. One economics expert said gasoline would have to sell for $5 a gallon before ethanol were competitive without tax breaks. Industry leaders say the risks of alternative fuel justify the tax breaks and government incentives. The article has a complete rundown of incentives and a roster of alternative energy operations in the area.
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