Algae Perspectives by Mary Rosenthal

Support Master Limited Partnerships Parity Act

May 21, 2013
AlgaeIndustryMagazine.com

Iwould like to request that you help our industry this month with a call to your Congressional delegation in support of new legislation that could have a game changing effect on how algae projects are financed.

As you may know, many biofuel companies (including those in the algae industry) have been adept at raising early stage capital for research and development. Yet when it comes to building a facility – a highly capital intensive effort – many biofuels companies find the expense is considered too high for traditional venture capital and too risky for traditional banks. As a result, many companies are forced to spend more time raising funds than deploying technology.

The Master Limited Partnerships Parity Act (MLPPA), recently introduced by Senator Chris Coons and a bipartisan group of co-sponsors, hopes to solve this problem.

For a company organized as a Master Limited Partnership (MLP), ownership interests are publicly traded and offer investors liquidity, limited liability and dividends – but are operated and taxed as partnerships. For years it has been primarily oil and gas companies that have benefited from the arrangement, comprising more than 90% of MLPs. This bill levels the playing field and gives renewable fuel companies the same tax treatment as their counterparts in the fossil world.

Please contact your state’s Congressional delegation and tell them you support expanding Master Limited Partnership to renewable energy companies.

Help us unleash the investments we need to provide the world with the renewable fuels, fertilizers, chemicals, medicines, carbon sequestration, wastewater treatment, plastics, and the many other innovations algae can provide.

Thank you, and keep up the good work!

(excerpted from ABO’s Algae InSight)

HOME Algae Industry Jobs

Copyright ©2010-2013 AlgaeIndustryMagazine.com. All rights reserved. Permission required 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
University of Adelaide researchers are using nanotechnology and the fossils of diatoms to develop a novel chemical-free and resistance-free way of protecting stored grain...
The University of Greenwich is leading a €10m international project, called the ‘D-Factory,’ to build a biorefinery to develop the microalga Dunaliella as a sustainable r...
Biomass abounds on Earth, as forests, fields, sewage and seaweed. But only a small fraction, mostly human or agricultural waste, can be harvested without posing environme...
Valensa International and Contract Biotics have announced that Contract Biotics has started construction of an additional six acres of algae production units at the compa...
Technical standards define critical terms and metrics to add wisdom for the algae industry. Agreement among science and business leaders represents possibly the most diff...
As the number of photobioreactors in an algae growing operation increases, there is a need for both autonomous control and monitoring of individual PBRs, as well as centr...
Yereth Rosen reports in the Anchorage Daily News that scientists at North Carolina State University’s Plants for Human Health Institute have found extremely high levels o...
A team of six University of Calgary researchers has been awarded funding for their project, Cost Effective Biotechnology for Carbon Capture and Re-Use, based on the conce...
Although the use of whole microalgae in animal diets has long been studied, the 
de-fatted biomass of microalgal species, derived from biofuel production research, has on...
By sending algae into space, a U.S. Department of Agriculture (USDA) scientist and his team will be able to study some of the key mechanisms that control plant growth and...
In Phys.Org, Yu Yonehara notes the breakthrough research from the Tokyo Institute of Technology on the connection between early marine algae and the development of terres...
Kyae Mone Win reports in the Myanmar Times that spirulina has been harvested from Twin Daung lake in Sagaing’s Bu Ta Lin township for over a decade, but climate change an...
Steven Mufson reports for the Washington Post that Algenol Biofuels estimates hackers have attempted to break into its computers 39 million times in four months this year...
A recent discovery in the multicellular green alga, Volvox carteri,has revealed the origin of male and female sexes, showing how they evolved from a more primitive mating...
Biofuels derived from the oils produced by algae may offer a low-cost sustainable alternative to fossil fuels. To achieve this goal, optimization of cost effective strate...
Perth, Western Australia-based Algae.Tec Limited has announced that the Reliance Group has converted the first tranche of options following the positive progress achieved...
SCHOTT AG, of Mitterteich, Germany, and Algatechnologies Ltd. (Algatech), based at Israel’s Kibbutz Ketura, have signed an R&D agreement to strengthen their partnersh...
Algix, parent company of Solaplast, will be inaugurating their algae-to-plastic facility in Meridian, Mississippi, on November 14, 2014. Solaplast's facility will be focu...