Five biofuels groups unite behind RFS2 as “critical foundation for advanced biofuels”
Biofuels Digest
Jim Lane April 20, 2011
In Washington, the Renewable Fuels Association, the Advanced Biofuels Association, the Algal Biomass Organization, the Advanced Ethanol Council, and BIO pledged to work cooperatively to preserve the status quo on the Renewable Fuel Standard through at least 2013, agreeing that only the RFS provides the stable market support and pricing system necessary to attract private investment to the development of advanced biofuels.
The groups agreed at the Advanced Biofuels Leadership Conference that they would write an unprecedented joint letter supporting RFS2 as a “foundational platform”, for the first time bringing together organizations supporting advanced drop-in biofuels, advanced ethanol, and first-generation ethanol in a joint agreement on broad biofuels policy.
The groups agreed that the discussion on energy on Capitol Hill had to be broadened considerably beyond a debate over the cost of biofuels incentives, but must follow President Obama’s formula at looking also at the cost of incentives for the traditional oil & gas industry.
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