USDA, Navy, DOE Partner to Accelerate Drop-In Advanced Biofuels
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U.S. Secretary of Agriculture Tom Vilsack, U.S. Secretary of Energy Steven Chu, and U.S. Secretary of the Navy Ray Mabus this week announced the next step in the creation of a public-private partnership to develop drop-in advanced biofuels. The secretaries issued a Request for Information (RFI) laying out the Administration's goals, assumptions, and tools and requesting from industry specific ideas for how to leverage private capital markets to establish a commercially viable drop-in biofuels industry. Information gathered through this process will help accelerate the development and use of biofuels, reduce the nation's demand for foreign oil, and strengthen rural America. The RFI is viewable online.
The initiative responds to a directive from President Obama issued in March as part of his Blueprint for a Secure Energy Future, the Administration's framework for reducing dependence on foreign oil. Drop-in biofuels serve as direct replacements or supplements to existing gasoline, diesel and jet fuels, without any changes to existing fuel distribution networks or engines.
"Energy independence is critical to the military and critical to national security. That is why the Department of Navy is partnered in the effort to create a biofuels market," said Secretary Mabus. "Our reliance on foreign oil means that the most volatile regions in the world impact whether our aircraft fly and our ships sail. Home-grown biofuels will create a more stable market for fuel and greater security for the Navy and the nation."
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