Tom Buis – Growth Energy CEO – says the farm bill legislation approved by the Senate Ag Committee contains a number of important provisions to continue incentivizing the production of renewable fuels to decrease our dependence on foreign oil and help create American jobs. He says the energy title will establish the certainty necessary for investors and businesses to operate with confidence. By including programs such as the Rural Energy for America Program, the Biomass Crop Assistance Program, the Biorefinery Assistance Program and the Biomass Research and Development Initiative – Buis says the Senate Ag Committee has shown the importance of the development of renewable fuels and the critical role they play in maintaining a robust farm economy. In addition – he says the inclusion of an amendment to provide federal crop insurance for biomass and dedicated energy crops will improve risk management – establishing the safety net necessary for farmers to further invest in a diversified mix of energy crops.
Novozymes was pleased that the Senate Ag Committee passed a strong energy title as part of its version of the farm bill. From farmers to biorefinery plant operators – Novozymes Americas President Adam Monroe says the entire biomass value chain will benefit from long-term stable policy like the one passed Tuesday. Monroe says biotechnology companies like Novozymes understand the importance of this policy to the broader economy. He says we need a strong rural economy to put more Americans back to work – and this bill is a chance to keep doing that. Novozymes points out that the Farm bill’s energy title funds USDA programs that help jumpstart additional biorefinery construction for advanced biofuels and renewable chemicals, dedicated energy crop feedstock development and consumer demand of biobased products – all encouraging further commercialization of the renewable industry