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Obama Issues Presidential Directive to Expand Access to Biofuels

Wednesday, May 6, 2009

(American Meat Institute)

President Obama issued a presidential directive to establish a Biofuels Interagency Working Group.  The group will be co-chaired by the Secretaries of Agriculture and Energy and the Administrator of the Environmental Protection Agency. The group will:

In his directive, the President called on Secretary of Agriculture Tom Vilsack to:

 ·        Refinance existing investments in renewable fuels to preserve jobs in ethanol and biodiesel plants, renewable electricity generation plants and other supporting industries;

 ·        Make renewable energy financing opportunities from the Food, Conservation and Energy Act of 2008 available within 30 days;

·        Expedite funding to encourage biorefineries to replace the use of fossil fuels in plant operations by installing new biomass energy systems or producing new energy from renewable biomass;

 ·        Expedite funding to biofuels producers to encourage production of next-generation biofuels from biomass and other non-corn feedstocks;

·        Expand the Renewable Energy Systems and Energy Efficiency Improvements Program, which has been renamed the Rural Energy for America Program, to include hydroelectric source technologies, energy audits and higher loan guarantee limits; and

·        Provide and support for collection, harvest, storage, and transportation assistance for eligible materials for use in biomass conversion facilities.

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