Save Our Planet

Obama Gives Biofuels a
Presidential Jumpstart

By "Environment News Service"

To spur biofuels research and commercialization, President Barack Obama signed last Tuesday a Presidential Directive establishing a Biofuels Interagency Working Group. He announced his administration's notice of a proposed rulemaking on a national Renewable Fuels Standard and announced $786.5 million in additional Recovery Act funds for renewable fuel projects.

"We must invest in a clean energy economy that will lead to new jobs, new businesses and reduce our dependence on foreign oil," said President Obama. "The steps I am announcing today help bring us closer to that goal. If we are to be a leader in the 21st century global economy, then we must lead the world in clean energy technology. Through American ingenuity and determination, we can and will succeed."

The Biofuels Interagency Working Group will be co-chaired by the secretaries of agriculture and energy and the administrator of the Environmental Protection Agency and will operate in cooperation with the National Science and Technology Council's Biomass Research and Development Board.

The Working Group is tasked with developing the nation's first comprehensive biofuel market development program. It will use existing authorities and identify new policies to support the development of next-generation biofuels, increase flexible fuel vehicle use, and assist in retail marketing efforts.

>>> Read the full article