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
James Goodman writes in the democratandchronicle.com about Jeffrey Lodge, an associate professor of biological sciences at Rochester Institute of Technology, who knows wh...
Hammenhög, Sweden-based agribusiness Simris Alg has announced the launch of its first consumer products. The algae farmers’ exclusive omega-3 supplements and superfoods w...
Montague, Prince Edward Island-based Solarvest has announced that it has used its algal-based production platform to express bioactive therapeutic proteins. The proof of ...
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...
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...
Tubular glass photobioreactor (PBR) systems protect algae from harmful environmental factors, keeping strains safer from bio-contamination. The glass tubing itself can be...
Scientific representatives from the EnAlgae consortium are announcing preliminary results this week from a key algal carbon capture project in the works at Britain’s larg...
SciDev.Net’s South Asia desk reports that Indian scientists working on producing biofuel from algae cultured in municipal wastewater are enthused by the findings of a rec...
The vision of developing a community college degree program to train a high technology algae workforce was launched at New Mexico's Santa Fe Community College (SFCC) in 2...
Joule has announced the issuance of a patent on the direct, continuous production of hydrocarbon fuels — extending its ability to target the highest-value molecules of th...
Natacha Tatu writes in Worldcrunch about a 72-year old French chef who has taken on the challenge of bringing spirulina to the malnourished youth of the Central Africa. F...
EnAlgae researchers have published an economic model to help to explore the economics of cultivating macroalgae at sea. The model and report can be found here as outputs ...
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...
You know algae are a great food source for you. But what are the best ways to eat it? Jami Foss writes in shape.com about 10 ways to eat algae that are common, healthy an...