USDA to support cellulosic ethanol
The US Department of Agriculture could offer US farmers greater financial incentives for developing cellulosic ethanol projects.
The USDA announced it would guarantee $80 million (€57 million) in loans for the production of cellulosic ethanol.
Increased biofuel production will be necessary as the industry works to comply with current national energy policy, which is drawn to wean consumers off their reliance on fossil fuels.
‘Our organisation has always supported the development of renewable energy, but what’s great about the current round of funding from USDA is that it targets the development of cellulosic technologies,’ Texas Fannin County Farm Bureau president Jerry Magness says.
‘Instead of relying solely on our row crops, cellulosic biofuels are made from wood chips, switchgrass and crop stubble, things that had no real value to farmers previously.’
The USDA announced it would guarantee $80 million (€57 million) in loans for the production of cellulosic ethanol.
Increased biofuel production will be necessary as the industry works to comply with current national energy policy, which is drawn to wean consumers off their reliance on fossil fuels.
‘Our organisation has always supported the development of renewable energy, but what’s great about the current round of funding from USDA is that it targets the development of cellulosic technologies,’ Texas Fannin County Farm Bureau president Jerry Magness says.
‘Instead of relying solely on our row crops, cellulosic biofuels are made from wood chips, switchgrass and crop stubble, things that had no real value to farmers previously.’
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