ABFA President to Congress: Advanced BioFuels Will Drive America's New Economy and Fuel the Future

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Jun 21, 2010, 03:16 ET

WASHINGTON, June 21 /PRNewswire-USNewswire/ -- Advanced Biofuels Association President Michael McAdams briefed the House Agriculture Committee this afternoon, telling its members, "It's time to take politics out of renewable fuels and let sound science and sound energy policy govern biofuels policy moving forward." At a minimum he urged the Committee to take a technology neutral approach and not pick winners and losers in their efforts in next Farm Bill.

McAdams added, "Your efforts to create a workable Loan Guarantee program at the USDA can go a long way to assist in the commercial deployment of the next generation of advanced biofuel technologies."

"American ingenuity and entrepreneurship will prove to be the real winners in a 'green' economy. Our member companies represent the innovative technologies that will help America achieve our energy and economic security, but that promise won't be realized without a level playing field from Congress."

"Congress has never had a better opportunity to deliver real change by helping the advanced biofuels industry get one step closer to the crucial phase of commercialization and deployment. Our industry wants to be an active partner with lawmakers as you seek to create a sustainable global future."

"We welcome the chance to prove the value and merits of a new generation of green fuels as Congress closely examines measures like tax incentives to boost our industry," McAdams concluded.

McAdams appeared before the House Agriculture Committee as part of its two-day Bioenergy Forum. ABFA member companies Amyris, Osage Bio Energy, Solazyme, and Sapphire Energy also testified at the forum.

The member companies of The Advanced BioFuels Association represent the new generation of advanced and renewable technologies that will help drive America's new economy and fuel a sustainable future for the world.

http://www.advancedbiofuelsassociation.com

SOURCE Advanced Biofuels Association