USDA, Departments of Energy and Navy Seek Input from Industry to Advance Biofuels for Military and Commercial Transportation
U.S. Department of Agriculture
WASHINGTON, Aug. 30, 2011 –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.
On August 16, 2011, the three Departments announced an investment in the private sector of up to $510 million during the next three years to produce advanced drop-in aviation and marine biofuels to power military and commercial transportation. 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."
"These efforts will accelerate advanced technologies to produce infrastructure-compatible biofuels that will replace imported crude oil with secure, renewable fuels made here in the U.S.," said Energy Secretary Chu. "Building manufacturing capability for next-generation drop-in biofuels in the United States will support economic development in rural communities, create skilled jobs for American workers, and help the U.S. lead the way toward a secure energy future."
Submitted by Anonymous on Wed, 2011-08-31 09:19