Energy Department to aid biofuels creation

Tumbleweed · Black Ops Joined: 02 Jul 2007 Posts: 3687 votes: 3

It looks like the government plans more funding for developing biofuels.

Quote:

WASHINGTON (UPI) -- The U.S. Department of Energy says it will allocate up to $33.8 million to support commercial production of cellulosic biofuels.

The funding, officials said, will support development of enzymes -- a key step to enabling bio-based production of clean, renewable biofuels such as cellulosic ethanol.

The funding, part of President Bush's Twenty in Ten Plan, seeks to displace 20 percent of U.S. gasoline usage by 2017 through diversification of clean energy sources and increased vehicle efficiency.

"These enzyme projects will serve as catalysts to the commercial-scale viability of cellulosic ethanol, a clean source of energy to help meet President Bush's goal of reducing our reliance on oil," said Energy Department Assistant Secretary Andy Karsner.

"Ethanol from new feed stocks will not only give America more efficient fuel options to help transform our transportation sector, but increasing its use will help reduce greenhouse gas emissions," said Karsner.

The funding, with a minimum 50 percent industry cost-share, will total nearly $68 million to further enzyme commercialization efforts, officials said.

Source
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CHUQ · Posted: Wed Aug 29, 2007 3:07 am Post subject:

HA! I love this statement.

The funding, with a minimum 50 percent industry cost-share, will total nearly $68 million to further enzyme commercialization efforts, officials said.

And the industry will get a massive tax break for their effort. Of course they are on board with the Presa plan, one--it will be an additive, two--a tax break, what part of this is really making industry do their part?
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Tumbleweed · Black Ops Joined: 02 Jul 2007 Posts: 3687 votes: 3

I didn't see anything about giving back 50% of the profits. Laughing

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CHUQ · Posted: Thu Aug 30, 2007 4:00 am Post subject:

And under this system, you never will. lol
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Tumbleweed · Black Ops Joined: 02 Jul 2007 Posts: 3687 votes: 3

I'm not a fan of subsidizing these companies. If there isn't enough money to make a profit, the tax payers shouldn't have to foot the bill. IMO.
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CHUQ · Posted: Fri Nov 23, 2007 4:58 am Post subject:

Concern is rising.

When Democrats rose to power, environmentalists cheered that Congress would finally get serious about curbing global warming and Americans’ oil addiction.

But now, as they stand on the brink of their first major victory, some are worried that a proposed mandate for a dramatic expansion of the use of alternative fuels is too ambitious and could wind up hurting the environment rather than helping it.

LINK
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Tumbleweed · Black Ops Joined: 02 Jul 2007 Posts: 3687 votes: 3

I don't have much faith in the alternative fuels saving us. We need to cut back our use of fuel, not find other sources so we end up using the same amount without a conservation plan.
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To argue with a person who has renounced the use of reason is like administering medicine to the dead.
Thomas Paine

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CHUQ · Posted: Sat Nov 24, 2007 3:19 am Post subject:

I totally agree, but untrotunately we may be very alone in this thinking. No one wants to have to do anything, they want someone else to sacrifice.
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