The U.S. Congress is coming under increased lobbying pressure from the Algal Biomass Organization, a non-profit organization devoted to promoting the development of viable commercial markets for renewable and sustainable commodities derived from algae.

In a statement Thursday, ABO called on Congress to provide tax parity to algae biofuels and make incentives available to the industry at parity with other biofuel industry sectors.

Modest changes in federal tax policy would address significant barriers to commercialization of algae fuels and help create new jobs, said the organization, the leading trade association for the industry.

See more

Share this article

Related posts:

• Building the New Exciting Algae Biofuel and Biomass Industry One Company at a Time
• Convincing Obama that Algae is the Best – Algae Biomass Organization will Try!
• Algal Biomass Organization Applauds Senator Boxer for Inclusion of Algae-based Fuels in Climate Bill
• Algae Biofuel Gains Importance in Aviation Industry
• Aquaflow Bionomic Corporation seeks to raise up to $30m
• EIN News Launches Alternative Energy News Site ‘Biofuel Industry Today’
• Green Jobs in the Algal Biofuel Field
• Algal Biomass Organization Announces New Directors
• US Industry steps up algae efforts
• Major Industry Emitting CO2 needs Algae Installation