The ethanol refinery for Carbon Green Bioenergy rises up out of the cornfields outside Lake Odessa Michigan.
The refinery was built in 2006. Mitch Miller, the CEO of the company, says a lot of refineries were popping up then.
“Five years ago, ethanol was a craze,” he says. “It was the next best thing.”
Now, not so much. Refineries aren’t being built. Politicians aren’t stopping by with platoons of reporters.
Seriously, when is the last time you heard anyone talk about ethanol?
Here’s the crazy thing though: When the ethanol hype went away, the ethanol industry got bigger than ever.