The Front Blog

Conversations from the Four Rivers Region

Posts Tagged ‘economy

the morning cram [bad company edition]

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Be careful who you hire…

NPR reports Penn State fires Joe Paterno after an alleged cover up of alleged abuse by one of his assistant coaches.

Kentucky~ Owensboro says fake pot is no good. Williams looks back on his campaign. Rand Paul is either anti-regulation or pro-pollution, can’t quite tell yet.

Illinois~ The SIUC strike is over. The house says no to a gambling expansion bill.

Reining in Estimates on the Biofuel Economy

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Iowa State University economist David Swenson has spent twenty years monitoring the biofuel industry in the United States. During his presentation at Tuesday’s Food, Fuel, and Society conference, Swenson argued for more conservative estimates on the potential jobs created from biofuels.

A study released last year by BIO, the biotechnology industry organization, estimated the number of jobs that will be created in the coming years. Brent Erickson, executive vice president of BIO’s Industrial and Environmental Section concluded from the report, “Increasing advanced biofuel production to a modest target of 45 billion gallons by 2030, which can be achieved by maintaining the same pace of technology development, could create more than 400,000 jobs within the industry and 1.9 million new jobs throughout the economy. Further, it could provide an economic boost of $300 billion.”

Kentucky is a fringe member of the major corn-production belt, but that hasn’t kept it from signing on with biofuels. In 2008, Kentucky Governor Steve Beshear released his Energy Plan, which sets a goal of meeting 25 percent of the state’s energy needs through “reductions through energy efficiency and conservation and through the use of renewable resources.” As part of that, the administration added a Division of Biofuels. A task force within the agency estimated Kentucky’s biofuel industry alone could create, “as many as 10,000 permanent jobs.”

But Swenson says no way. Read the rest of this entry »

Written by Angela Hatton

October 14, 2010 at 1:11 pm

Morning Cram [TOO MUCH OF A GOOD THING] Edition

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Too much foreign aid is hurting Haitian farmers . . . did someone say “good intentions?”

KY: Six Fort Campbell soldiers die in Afghanistan this week. Report outlines ways to make state parks better. General fund receipts down, but it’s not as bad as last year. Murray council passes budget, dips into its reserves. Reidland fire department chooses more financial oversight. Senator McConnell throws a party for Rand Paul.

TN: Guns and immigration laws come out on top of state legislative session.

IL: Metropolis unveils a bronze statue of the original Lois Lane.

morning cram (back to work edition)

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jobs = good

KY~ Lake Barkley is near record levels and area flooding could happen. Lake winds could reach 20-30 mph. Trigg County expects water over some roads. Coast Guard eases boating restrictions. US Senate Democratic hopefuls vied for the primary slot in Paducah last night over economy and energy issues. Fort Campbell soldiers take a day off for cleanup.

TN~ Clarksville is wringing out the wet. As flood water recedes, expect to find dead animals. US Senator Alexander wants to question the Corps of Engineers.

IL~ Democrats want to shortchange the pension.