The City of Chicago is considering moving into the alternative motor fuel industry.
City aldermen met with representatives from biofuels makers today.
Alderman John Pope represents the 10th ward in the far southeast side of the city. He wonders if his part of town could become home to new “grassoline” refineries.
POPE: As a former steel mill kind of capital of Chicago we’ve got all those kind of amenities that are very attractive to this type of use. From access by water, rail, truck, over the road. High power gas lines, electrical power, so great resources.
Representatives from the biofuels industry said they would expect financial support from the city before moving forward.
Any incentives would be on top of federal credits and mandates the industry already receives.