Recovery Act Announcement: Secretary Chu Announces Nearly $800 Million from Recovery Act to Accelerate Biofuels Research and Commercialization
May 5, 2009
As part of the ongoing effort to increase the use of domestic renewable fuels, U.S. Secretary of Energy Steven Chu today announced plans to provide $786.5 million from the American Recovery and Reinvestment Act to accelerate advanced biofuels research and development and to provide additional funding for commercial-scale biorefinery demonstration projects.
"Developing the next generation of biofuels is key to our effort to end our dependence on foreign oil and address the climate crisis—while creating millions of new jobs that can't be outsourced," Secretary Chu said. "With American investment and ingenuity—and resources grown right here at home—we can lead the way toward a new green energy economy."
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May 5, 2009
As part of the ongoing effort to increase the use of domestic renewable fuels, U.S. Secretary of Energy Steven Chu today announced plans to provide $786.5 million from the American Recovery and Reinvestment Act to accelerate advanced biofuels research and development and to provide additional funding for commercial-scale biorefinery demonstration projects.
"Developing the next generation of biofuels is key to our effort to end our dependence on foreign oil and address the climate crisis—while creating millions of new jobs that can't be outsourced," Secretary Chu said. "With American investment and ingenuity—and resources grown right here at home—we can lead the way toward a new green energy economy."
Full story
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