Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

WhatsnextIn Washington, the Biotechnology Industry Organization followed up on a shift in US biofuels policy with a call for four new steps it said would increase the pace of biofuels commercialization.

BIO called for:

• Revising the risk assessment process for advanced biofuels projects in the current Department of Energy loan guarantee program;
• Double funding for U.S. Department of Agriculture programs to deploy cellulosic feedstocks; include eligibility for value-added biobased materials, products and chemicals;
• Funding the reverse auction for cellulosic biofuels already incorporated in law;
• Funding development and deployment programs for biobased products and renewable specialty chemicals.

To read the full, original article click on this link: What next? Biofuels Industry leaders contemplate future moves, after Obama shift in biofuels policy – Biofuels DIgest : Biofuels Digest - biofuels, biodiesel, ethanol, algae, jatropha, green gasoline, green diesel, and biocrude daily news

Author: Biofuels Digest