The USDA, Navy and U.S. DOE Combine Forces to Develop Drop-In Advanced Biofuels and Reduce Dependency on Foreign Oil
One of the Hot Topics at This Year
HOUSTON, TX -- (Marketwire) -- 08/30/11 -- According to the USDA Office of Communications, Secretary of Agriculture Tom Vilsack, Secretary of Energy Steven Chu, and Secretary of the Navy Ray Mabus today announced the next step in the creation of a public-private partnership to develop drop-in advanced biofuels. The Secretaries issued a Request for Information (RFI) laying out the Administration's goals, assumptions, and tools and requesting from industry specific ideas for how to leverage private capital markets to establish a commercially viable drop-in biofuels industry. The critical information gathered through this process will help accelerate the development and use of these biofuels, reduce the Nation's demand for foreign oil, and strengthen rural America. The RFI can be viewed here.
Tom Bryan, Vice President of BBI International, the company who produces the International Biorefining Conference & Trade Show stated, 'This is exciting news and it will be discussed in great detail during our panel sessions at the conference.' Bryan went on to say, 'This is a prime example of the desire we have as Americans to reduce our dependency on foreign oil. It also demonstrates future growth in the biofuels industry.'
The initiative responds to a directive from President Obama issued in March as part of his Blueprint for a Secure Energy Future, the Administration's framework for reducing dependence on foreign oil. Drop-in biofuels serve as direct replacements or supplements to existing gasoline, diesel and jet fuels, without any changes to existing fuel distribution networks or engines.
'Energy independence is critical to the military and critical to national security. That is why the Department of Navy is partnered in the effort to create a biofuels market,' said Secretary Mabus. 'Our reliance on foreign oil means that the most volatile regions in the world impact whether our aircraft fly and our ships sail. Home-grown biofuels will create a more stable market for fuel and greater security for the Navy and the nation.'
Learn more about this topic at the International Biorefining Conference & Trade Show, taking place September 14-16 in Houston, Texas.
To view the agenda please visit www.biorefiningconference.com
About BBI International:
Founded in 1995, BBI International produces globally recognized bioenergy events and trade magazines. In addition to the International Biomass Conference & Expo and its allied regional events, BBI owns and operates the largest, longest-running ethanol conference in the world -- the International Fuel Ethanol Workshop & Expo (FEW) -- and the International Biorefining Conference & Trade Show. The company publishes Biomass Power & Thermal, Ethanol Producer Magazine, Biorefining Magazine, and Biodiesel Magazine, as well as a number of ancillary products including maps, directories, e-newsletters and other web-based industry resources.
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