Sunday 2 October 2011

USDA: Advanced biofuel payouts will create jobs, jobs and even more jobs

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Tom VilsackLet's create jobs while concurrently expanding the U.S. output of advanced biofuels, says Department of Agriculture Secretary Tom Vilsack.

Just days ago, the USDA announced that its will fork over some money to more than 160 energy producers in 41 states to support the expansion of advanced biofuels. As Secretary Vilsack says, this is really mainly a job-creating scheme:
Renewable energy production will create tens of thousands of direct, American jobs; thousands more indirect jobs, and clean electricity to power millions of homes. The payments I am announcing today represent the continuing commitment of the Obama administration to work with producers to provide the biofuel necessary to reduce our nation's dependence on foreign energy sources.
The payments are authorized under the Bioenergy Program for Advanced Biofuels and will be made available only to firms looking to increase output of advanced biofuels. Payments are based strictly on the amount of biofuel a recipient produces from renewable biomass. Corn-based ethanol producers can't apply, as that type of biofuel is not considered "advanced."

One example of a BPAB payment is the $98,507 given to Ever Cat Fuels to help offset the costs of producing 881,000 gallons of biodiesel from plant oils and animal fats in Minnesota. The USDA says the payout to Ever Cat will create 20 full-time jobs. Sure, 20 may be next to nothing on a national level, but you don't get to tens of thousands of jobs without starting somewhere.

Continue reading USDA: Advanced biofuel payouts will create jobs, jobs and even more jobs

USDA: Advanced biofuel payouts will create jobs, jobs and even more jobs originally appeared on AutoblogGreen on Fri, 30 Sep 2011 14:57:00 EST. Please see our terms for use of feeds.

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Source: http://green.autoblog.com/2011/09/30/usda-advanced-biofuel-payouts-will-create-jobs-jobs-and-even-m/

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