Steps to Boost Biofuels, Clean Coal Announced by White House
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Category: EnergyType: News
Source: US Department of Energy (AFDC)
Date: Thursday, February 4th, 2010
President Barack Obama announced a series of steps his Administration is taking as part of its comprehensive strategy to enhance American energy independence while building a foundation for a new clean energy economy, and its promise of new industries and millions of jobs. At a meeting held on Feb. three with a bipartisan group of governors from around the country, the President laid out 3 measures that will work in concert to boost biofuels production and reduce our dependence on foreign oil.
The E.P.A. (EPA) has finalized a rule to implement the long-term Renewable Fuels Standard of 36 billion gallons by 2022 established by Congress. Second, the U.S.D.A. has suggested a rule on the Biomass Crop Assistance Plan (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. Third, the President's Biofuels Interagency Working Group released its 1st report titled Growing America's Fuel. The report, authored by group co-chairs, Secretaries Vilsack and Chu, and Administrator Jackson, lays out a strategy to advance the development and commercialization of a sustainable biofuels industry to meet or exceed the nation's biofuels targets.
In addition, President Obama announced a Presidential Memorandum creating an Interagency Task Force on Carbon Capture and Storage to develop a comprehensive and coordinated federal strategy to speed the development and deployment of clean coal technologies. The President is calling for 5 to 10 commercial demonstration plans to be up and running by 2016.
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