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US boost to biofuel industry

4 Feb 2010

US President Barack Obama has introduced three policy measures that will work to boost biofuels production and reduce dependence on foreign oil. The Environmental Protection Agency (EPA) has finalised a rule to implement the long-term renewable fuels standard of 36 billion gallons by 2022, established by Congress and the US Department of Agriculture, and has also proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy.

 

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