ABO Commends Inclusion of Algae Biofuels in Tax Package

August 6, 2012
AlgaeIndustryMagazine.com

Mary Rosenthal, executive director of the Algae Biomass Organization (ABO), has released the following statement in support of the Senate Finance Committee’s approval of the Family and Business Tax Cut Certainty Act of 2012. The bill extends the existing cellulosic biofuel tax credit to include algae-based biofuels for the first time.

“The Algae Biomass Organization is extremely grateful that algae-based biofuels are being recognized as part of the existing cellulosic biofuel tax credit. Algae-based biofuels can be made right here in the U.S.A and work in existing engines and infrastructure, in many cases outperforming petroleum-based fuels. This credit and its bipartisan support will help our industry accelerate the commercial production of domestic fuels and hire workers across the U.S.A.

“We thank Chairman Max Baucus (D-MT) and Ranking Member Orrin Hatch (R-UT) for their leadership on the Committee, and especially the efforts of Senators Bill Nelson (D-FL) and Jeff Bingaman (D-NM) for their longstanding support of the great potential of our industry.

“The successful passage of this tax credit in the Senate and House would be a leap forward for our country’s efforts to achieve energy independence, promote jobs, and improve our national security.”

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2012 AlgaeIndustryMagazine.com. All rights reserved. Permission granted to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
As of March 1, 2015, bbi-biotech GmbH, of Berlin, Germany, has begun integrating IGV Biotech GmbH’s photobioreactors into its own life science product portfolio. A former...
As one of the most water-poor countries in the world, Jordan’s current water resources are significantly below the global water scarcity line. Annual rainfall falls under...
None of us would be alive if sperm cells didn’t know how to swim, or if the cilia in our lungs couldn’t prevent fluid buildup. But we know very little about the dynamics ...
Sebastian Rich reports on PBS Newshour about the Central African Republic city of Bangui, which has been caught in the crossfire between warring Muslim and Christian grou...
Jeff Gelski writes in foodbusinessnews.net that algae oil is now in the toolbox of alternative oils shown to replace partially hydrogenated oils (PHOs), which cause trans...
Sami Zaatari writes for the Middle East’s Gulf News that Abu Dhabi’s coastal sabkhas – the Arabic phonetic translation for salt flats – hold great potential for solar pow...
UC San Diego’s efforts to produce innovative and sustainable solutions to the world’s environmental problems have resulted in a partnership with the region’s surfing indu...
Murdoch University researchers are investigating whether the effluent from piggeries can be effectively treated with micro- and macroalgae so that species of the organism...
Scientists from the J. Craig Venter Institute (JCVI), a not-for-profit genomic research organization in La Jolla, California, have published a paper outlining new synthet...
Japan’s IHI Corporation has announced that they have succeeded in stably cultivating a modified high-output algal strain in a 1,500 square meter open pond in Kagoshima, K...
Rich McEachran writes in the Guardian that, in the process of surfacing a road, layers of asphalt – which is composed mostly of bitumen (a byproduct of crude oil distilla...
In Japan, the Algae Biomass Energy System Development Research Center, headed by Professor Makoto Watanabe, was established at the University of Tsukuba on July 1. The ne...
Scientists have been investigating the likely future impact of changing environmental conditions on ocean phytoplankton, which forms the basis of all the oceans' food cha...
Algiran, an Iranian algal biotech company, has recently established a pilot scale algal cultivation demonstration facility at the Chabahar Free Zone, in the Baluchistan P...
Mark Harris writes in the Guardian about a pilot project in Las Cruces, New Mexico, where Dr. Peter Lammers, a professor in algal bioenergy at Arizona State University, a...