Senate Bill Would Level Playing Field for Algae Biofuels: Sustainable Business

According to Sustainable Business: “US Senators Mike Crapo (R-ID) and Tom Udall (D-NM) recently introduced bipartisan legislation to help level the playing field for advanced biofuels like algae by reforming the Renewable Fuels Standard to make it more “technology neutral.””

The article reports that under the existing Renewable Fuels Standard, there is an uneven playing field for emerging and promising biofuels like algae.

Senator Crapo explains that, “Now more than ever, America needs a national energy plan that ensures we have access to reliable, affordable and cleaner domestic energy. Algae has been credited as a very promising feedstock in our quest for national energy independence, and its inclusion in the Renewable Fuel Standard will get us one step closer to that goal”.

Sustainable Business also highlights the jobs legal parity would create: “An Algal Biomass Organization study of companies in the field finds that legislative parity between algae and other advanced biofuels could create over 200,000 green jobs by 2022, compared to 50,000 without legislative parity.”

Read the full article: ‘Senate bill would level playing field for algae biofuels’.