USDA reports $165 million to crop producers via BCAP
Biofuels Digest
April 06, 2010
4.18 million tons of biomass supported in program to date
In Washington, the USDA reports that, through last Friday, the Department has approved 4,605 agreements for the delivery of more than 4.18 million tons of biomass and paid eligible biomass owners $165,274,695 in matching payments under the first phase of the Biomass Crop Assistance Program. FSA service centers across the country have issued payments of up to $45 per dry ton for eligible biomass deliveries.
By all accounts, the BCAP program originally conceived as a support for biofuels as much as the burning of biomass for power generation, has been generally converted into a support for burning biomass for power generation, especially welcome in states with Renewable Power Standards that call for aggressive renewable energy targets and a lack of solar or wind capacity.
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