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With skyrocketing crude oil prices, depleting reserves and insecurities in major producer regions, also the US military eyes the biofuels and renewables industry. America's armed forces could well become a major player in this branch, insiders believe, although the political debate is controversial.
Untapped Potentials for Biofuels and Renewables in the US?
Peder Holk Nielsen added, “We also chose the U.S. because of the huge and untapped capacity in America. We believe domestically made fuels that reduce prices at the pump, create jobs and increase energy independence are exactly what consumers want – and biofuels are a core part of that mix.”
With the recent approval of 15 percent blends by the U.S. Environmental Protection Agency and increased production capacity coming online, the potential goes even further: Bloomberg New Energy Finance estimates that by 2030, advanced biofuels could displace up to 16 percent of U.S. gasoline consumption, generate $600 billion in revenues and create 1.4 million jobs.
Renewable Energy Needs Both Private Investment and Policy Framework
The inauguration of Novozymes’ new Blair facility was celebrated with employees, customers, community leaders and government officials, including the governor of Nebraska, Dave Heineman, U.S. Department of Energy Senior Advisor Jason Walsh and Blair Mayor James Realph.
“This is a great day for Nebraska and the city of Blair,” said Governor Dave Heineman. “The grand opening of Novozymes is important for the ethanol industry and for energy independence. The Blair plant is the largest and most advanced enzyme plant in the country dedicated to biofuels. Nebraska is one of the top producers of ethanol in America, which makes our state the perfect site for this facility.”
With a new technology, enzyme specialists Novozyme expect significant improvements in the production of advanced bio fuels from agricultural residues and waste. Now, as the first commercial scale bio–refineries are about to be brought on–stream, this new technology is put to the test.
This development is well within US President Obama’s approach to America’s energy future, insiders belive... more on page three!
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