BIO Urges Congress to Support Emerging Biofuels Technology.Letter to Congressional Leaders Calls for Investment in Commercialization and Research and Development of New Liquid Transportation Fuel Alternatives WASHINGTON -- The Biotechnology Industry Organization Biotechnology Industry Organization or BIO was founded 1993 in Washington, DC. James C. Greenwood is BIO's current President. External links
n. Fuel such as methane produced from renewable resources, especially plant biomass and treated municipal and industrial wastes. bi . "This is a critical time," wrote BIO President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jim Greenwood. "We must invest now in commercialization and ongoing research and development of new liquid transportation fuel alternatives." In the letter, BIO advocates five policies to develop 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). markets, accelerate the construction of new biorefineries, ensure adequate feedstock supplies, and continue to improve the technology and reduce the cost of biofuels production: * Accelerate commercial production of cellulosic biofuels via a cellulosic biofuels production tax credit; * Ensure a market for an emerging cellulosic biofuels industry via an advanced biofuels Renewable Fuels Standard; * Continue to invest in research, development and demonstration of cellulosic and other advanced biofuels technologies in parallel with commercialization activities; * Ensure that loan guarantees will be available for first-generation cellulosic ethanol facilities; and * Ensure that a broad spectrum of feedstocks will be available for conversion to second-generation biofuels. "The urgent challenges of energy security and global climate change demand that we reduce our dependence on imported petroleum and move rapidly toward greater use of clean, domestically produced renewable fuels and products. With ongoing advances in both industrial and agricultural biotechnology, biofuels can help America meet nearly half its transportation-fuel needs by the middle of this century," Greenwood concluded. About BIO www.bio.org BIO represents more than 1,100 biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. , academic institutions, state biotechnology centers and related organizations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and 31 other nations. BIO members are involved in the research and development of healthcare, agricultural, industrial and environmental biotechnology Environmental biotechnology is when biotechnology is applied to and used to study the natural environment. Environmental biotechnology could also imply that one try to harness biological process for commercial uses and exploitation. products. BIO also produces the annual BIO International Convention, the world's largest gathering of the biotechnology industry. Upcoming BIO Events BIO InvestorForum 2007 Oct. 9-11, 2007 San Francisco Pacific Rim Summit on Industrial Biotechnology and Bioenergy Nov. 14-16, 2007 Honolulu World Congress on Industrial Biotechnology and Bioprocessing April 27-30, 2008 Chicago BIO International Convention June 17-20, 2008 San Diego |
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