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Last update: 09.07.2011
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RFS mandate provides needed incentive for advanced biofuels
Source : feedstuffs.com
The federal Renewable Fuel Standard provides the stable market support and pricing system necessary to attract private investment to the development of advanced biofuels, according to a new policy white paper published by the Biotechnology Industry Organization (BIO). BIO presented the paper, which is forthcoming this month in the journal Industrial Biotechnology, at the Advanced Biofuels Leadership Conference in Washington, D.C. Brent Erickson, executive vice president of BIO's Industrial & Environmental Section, said: "The Renewable Fuel Standard, as it has been implemented by the Environmental Protection Agency, can provide the long-term, stable, market-based government policy mechanism that advanced biofuel producers and investors have been looking for. It provides both and assured market and a significant degree of price certainty for cellulosic and advanced biofuels, which can significantly mitigate the capital risk associated with commercialization of new technologies."
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26 April 2011 |
Legislation ::
Biofuels ::
United States & Canada
The information in this section is subject to a disclaimer.
Articles regarding the United States & Canada (279 articles)
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