Is the alternative energy boom long gone? It seems the environment for ethanol stocks is gloomier than ever. In 2005, the U.S. government ordered a mandate under the Energy Policy Act, requiring gasoline producers to quadruple the use of renewable fuel, in this case ethanol by 2022. The 2008 minimum mandate of 9 billion gallons of ethanol will significantly grow to 36 billion gallons of use by 2022. With such high growth expectations, why are these stocks so depressed?
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