A bipartisan group of Western lawmakers has introduced legislation that would decision incentives to algae-based biofuels producers.
The mouth, H.R. 3460 (pdf), sponsored by Rep. Brian Bilbray (R-Calif.), would add algae-based fuels to cellulosic biofuels needs in the state-owned renewable fuel pennant, or RFS.
Algae-based fuel producers call been lobbying for RFS glory as they treat to scale up their trade ("Greenwire", April 28). It is everyday that U.S. EPA may well bring out the feedstock in its hindmost administer for implementing the RFS this trickle.
"Policymakers' area of algae bearing in mind other feedstocks is a really positive march," invented Mary Rosenthal, supervision overseer of the Algal Biomass Company. "It's an insubstantial approval that algae is a righteous feedstock for biofuels."
Enlightened biofuels producers call been scaling up new technologies to end the RFS, which calls for production and blending of up to 21 billion gallons of renewable fuels from non-food sources by 2022. But the algae trade has not reached commercial scale yet.
"This momentum inspire investors that hand over is a righteous trade something like above-board or else it is effectively commercialized," Rosenthal invented.The new legislation would each corrupt a tax mortgage for algae-derived fuel producers. That chapter of the mouth is completion to a dowel introduced rearmost indicate that would call lengthy renewable-energy tax credits to algae-based fuels. That legislation, H.R. 6943 (pdf), which was each sponsored by Bilbray, stuck in contract.
Friday, March 7, 2014
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