Government officials who approved financing for a south Georgia ethanol fuel plant that cost taxpayers at least $75 million did so despite repeated warnings and strong opposition by some of the federal overseers who reviewed the projected.
Gov. Nathan Deal is asking the U.S. Environmental Protection Agency to suspend the federal requirement to add ethanol to gasoline, joining livestock and poultry farmers and several other governors who’ve made similar requests because of the price of corn.
A southeast Georgia ethanol factory that cost taxpayers $70 million has been sold at a fraction of the cost in a foreclosure sale, leaving millions of dollars in government loans unpaid. The Courier Herald of Dublin reports the Range Fuels facility in Soperton was sold for $5.1 million.