Jauch Laments Missing Bio-industry Funds
Sen. Jauch said he supports the omnibus before the committee regarding economic development, but said the committee has already blown its opportunity to take up the most important economic development tool - investment in the biofuel industry.
The governor's provision to spend $30 million over the biennium for a renewable energy grant program was deleted by the JFC two weeks ago. (See more here, and here.)
"The bio economy is going to be the new industrial revolution," Jauch said. If the state fails to invest it will "take a backseat to every other state in the nation," he said.
Labels: Department_of_Commerce, Economic_Development, Wisconsin_Development_Fund
