Government Supports The Development Of Speed Boost The U.s. Biofuels

U.S. biofuels boosted by government support. Since March

, the U.S. government have announced a number of bio-fuel subsidy scheme, involving the development, production, project management and other fields, trying to accelerate the U.S. cellulosic ethanol and algae fuel projects in the building to ensure the future of the United States leading bio-fuel .

U.S. President Barack Obama on Feb. 3 called for speeding up the development of U.S. bio-fuels, clean energy economy to build the basis of the United States, reduce America's energy dependence on other countries. Obama said the EPA has issued regulations to ensure the realization of the United States Congress in 2022 set annual production of biofuels to reach 36 billion gallons of objectives; the United States Department of Agriculture will also introduce measures to provide financing for the development of bio-fuels.

Currently, the U.S. annual production of bioethanol, about 120 billion gallons of mostly corn-based ethanol.

U.S. Department of Agriculture announced on March 3, Range Fuel will provide 80 million U.S. dollars of loan guarantees to finance the company's plant in Georgia, wood cellulose production of biofuels projects. It is understood that this is the first time the United States Department of Agriculture for the commercialization of cellulosic biofuel plants to provide secured loans. Loan funds will be used in part of the first commercial fuel Range cellulose bio-fuel projects. Fully operational, the plant will annually produce 20 million gallons of cellulosic ethanol.

March 4, U.S. Department of Energy's Advanced Energy Research Projects Agency and DuPont signed a technology investment agreements, grants 8.8 million U.S. dollars for a new generation of DuPont algae biofuels conversion sugars of isobutanol. Under the agreement, DuPont will be allocated and shared the biological structure of laboratory, a joint venture between DuPont and BP Butamax advanced biofuels company will be responsible for the technology business development.

U.S. Department of Energy also said it would use part of the funding method, and then funded 18 pilot and demonstration projects of biological refining the design, construction, and promote U.S. cellulose and seaweed as raw material, the commercial development of biofuels.

Because the United States to increase support for biofuels, relevant institutions for biofuels production is expected to greatly increase. Not long ago, "Biofuels Digest" published the latest bio-fuels database statistics in 13 countries through 56 projects the company biofuel production and expansion plans, expected to bio-fuel production in 2013 from the current 123 million gallons to 17 billion gallons, far higher than the projected 1.3 billion gallons last year. Of these, U.S. production from the current 100,000,000 gallons to 1.28 billion gallons, representing more than 75% of world production.

Government Supports The Development Of Speed Boost The U.s. Biofuels

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