In Washington, U.S. Department of Agriculture – along with the Department of Energy, and the Department of Navy – will co-host an Advanced Biofuels Industry Roundtable in Washington D.C. on May 18, 2012 as the next step in the partnership with the private sector to produce advanced biofuels to power military and commercial transportation. Agriculture Secretary Tom Vilsack made the announcement today during his keynote address to the Advanced Biofuels Leadership Conference.
“Advanced biofuels are a key component of President Obama’s ‘all-of-the-above’ energy strategy to limit the impact that foreign oil has on our economy and take control of our energy future,” said Agriculture Secretary Tom Vilsack. “By bringing together farmers, scientists, and the private sector to produce fuel for the American military, we can help spur an industry producing biofuels from non-food feedstocks all over the nation, strengthen our middle class, and help create an economy built to last.”
“The Biofuels Industry Roundtable will produce the market and industry expertise necessary to develop a domestic biofuel market capable of producing alternative fuel that is cost-competitive with traditional fuel,” stated Secretary of the Navy Ray Mabus. “The Departments of Navy, Agriculture, and Energy are investing in an existing private industry to spur growth, and each department will closely monitor how that investment is used to achieve the president’s objectives.”