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On 28 February 2007 in Washington DC, US Department of Energy (DOE) Secretary, Samuel W. Bodman, announced that DOE will invest up to $385 million for six biorefinery projects over the next four years. When fully operational, the biorefineries are expected to produce more than 130 million gallons of cellulosic ethanol per year. This production will help further President Bush’s goal of making cellulosic ethanol cost-competitive with gasoline by 2012 and, along with increased automobile fuel efficiency, reduce America's gasoline consumption by 20 percent in ten years.
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© Copyright 2006, CNAP Policy Statements
Updated
27 February, 2008
by CPL Press - web@epobio.net
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