The USDA and the DOE will invest up to $18.4 million for research, development and demonstration of biomass projects.In this audio report (mp3), the announcement underscores the importance of research and development in advancing renewable energy.
These projects aim to address critical barriers to making production of biomass more efficient and cost-effective, in an effort to advance the Bush Administration's strategy of more clean, bio-based products and biofuels to help reduce our dependence on oil from unstable parts of the world and mitigate climate change.
U.S. Department of Agriculture (USDA) Secretary Ed Schafer spoke of the importance of this investment:
"These grants help fund the innovative research needed to develop technologies and systems that lead to the production of bio-based products and biofuels," Schafer said. "Funding new technologies will help make biofuels competitive with fossil fuels in the commercial market, putting America on the path of reducing its dependence on foreign oil."
"Continued investments in biomass are critical to furthering the President's goal of making available clean, abundant and domestically produced biofuels for widespread use," Secretary Bodman said. "Increasing supplies of renewable energy and using more energy efficient technologies must continue to play an indispensable role in reducing greenhouse gas emissions and meeting the rapidly growing demand for energy."More information on President Bush's Advanced Energy Initiative, is available HERE.
Source: USDA
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