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USDA announces $1.5 billion in biofuel support including algae

USDA announces $1.5 billion in biofuel support but the key will be the roll-over of expiring tax measures --  USDA Secretary Tom Vilsack last Thursday announced $1.5 billion in aid for biofuel production.

 The measures include
(1) support for the production of new bioenergy crops such as switchgrass, algae and others,
(2) loan guarantees for five biorefinery or bioenergy projects, and
(3) matching funds to retailers to install 10,000 ethanol blender pumps and storage systems within five years.
Tue October 26 2010 01:23:14 AM by Duncan usda  |  biofuel support  |  algae 1579 views
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