BIO Applauds Governors' Call for Investment in Ethanol from Biomass.Report from Governors' Ethanol Coalition outlines incentives needed to spur construction of first cellulosic biomass ethanol biorefineries WASHINGTON -- Biotechnology Industry Organization Biotechnology Industry Organization or BIO was founded 1993 in Washington, DC. James C. Greenwood is BIO's current President. External links
"The technology for commercial production of ethanol from cellulosic biomass is ready today, but no modern biorefineries are currently operating to make use of the technology," said Greenwood. "The production incentive proposed by the governors would help jumpstart the construction and commercial operation of modern biorefineries by pioneering companies. We need to move quickly to ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale production of renewable fuels Renewable fuels are alternative fuel sources such as ethanol, biodiesel (e.g. soy, vegetable oils, animal fats, or recycled restaurant greases) or hydrogen, in contrast to non-renewable fuels such as natural gas, LPG (propane). that can help America move toward energy independence." BIO supports the Governors' Ethanol Coalition's recommendations to create a Cellulosic Ethanol Cellulosic ethanol is a type of biofuel produced from lignocellulose, a structural material that comprises much of the mass of plants. It is composed mainly of cellulose, hemicellulose and lignin. Production Tax Credit and to fully fund research, demonstration and incentive programs authorized in the Energy Policy Act of 2005. "With ongoing advances in industrial biotechnology The references in this article would be clearer with a different and/or consistent style of citation, footnoting or external linking. Industrial biotechnology (known mainly in Europe as white biotechnology , biofuels can help America meet nearly half its transportation-fuel needs by the middle of this century. BIO supports the production of ethanol from all feedstocks. Agricultural biotechnology is helping to increase corn yields, while industrial biotechnology is helping to convert corn starch and crop residues into ethanol more efficiently," Greenwood added. BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and 31 other nations. BIO members are involved in the research and development of healthcare, agricultural, industrial and environmental biotechnology products. www.bio.org |
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