President Responds to Biofuels Coalition

Obama gives his support to biofuels.

President Obama has responded to a letter from the Governors' Biofuels Coalition. In that letter the coalition asked the President, among other things, to push for an immediate ruling from the EPA on E13 and implement the nation's first comprehensive biofuel market development program. The coalition said that time is short and the challenge is serious.


In his response, the President pointed out that the suggestions outlined in the coalition's letter were very helpful in the development of a Presidential Biofuels Directive. Obama said advanced renewable transportation fuels will be one of the nation's most important industries in the 21st Century. He called biofuels the primary near-term option for insulating consumers against future oil price shocks and for lowering the transportation sector's carbon footprint.


The President promised that his Administration is committed to moving as quickly as possible to commercialize an array of emerging cellulosic technologies.


"President Obama understands that tomorrow's advanced biofuels will be built on the shoulders of today's ethanol industry," said Growth Energy CEO Tom Buis. "Most importantly, he recognizes the need to remove 'artificial barriers to market expansion' for renewable fuels that prevent our nation from reducing our dependence on foreign oil.  Increasing the ethanol in our fuel supply to 15 percent is one step the administration can take right now toward accomplishing the President's stated goal of increasing the renewable fuel we use in this country to 60 billion gallons."


The National Corn Growers Association also praised the President's response and support of the ethanol industry.


"We are pleased to hear the president's clear statement of corn-based ethanol's pivotal role in the nation's future energy strategy, and we will continue to make sure the Administration understands the current and future value of corn ethanol," said NCGA President Bob Dickey. "This reinforces his previous position that artificial barriers to market expansion need to be addressed in order for large volumes of renewable fuels to find a place in America's transportation fuels system."

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