The Biotechnology Industry Organization (BIO) today urged Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Charles Grassley (R-Iowa) to extend tax code parity to algae-based biofuels as soon as possible.

BIO specifically supported the language in the Algae-based Renewable Fuel Promotion Act (S. 1250/H.R. 4168), sponsored by Sen. Ben Nelson (D-Neb.) and Rep. Harry Teague (D-N.M.). BIO was joined in the request by its member companies developing algae-based biofuels and by the Algal Biomass Organization. A copy of the letter to Sens. Baucus and Grassley is available at http://bio.org/letters/.

Source: Thomasnet

Share this article

Related posts:

• World Congress To Explore Timeline For Bringing Advanced Biofuels To Market
• The Science Museum Asks: ‘Can Algae Save the World?’
• ND Ag Commissioner to Give Keynote Address at EERC Biomass Workshop
• OriginOil CEO Riggs Eckelberry To Address Algae World ’08 in Singapore in Nov 2008
• Algae Commercialization, Research and and Business Networking Forum – Jan 2009
• PetroSun and Shanghai Jun Ya Yan move into algae commercialization in China
• Will Feeding Organic Waste to Algae Increase Oil Yield? asks University of Virginia Prof Lisa Colosi
• USA Algae Commercialization Business Plan, Research, and Networking Forum
• National Algae Association Conference to Address All Aspects of Algae as a Fuel
• OriginOil Finishes First Phase of Algae Commercialization Model