Producers of advanced biofuels to get $15.5 million
Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture (USDA) is making payments to support the production of advanced biofuel. USDA is making nearly $15.5 million in payments to 188 producers through the Advanced Biofuel Payment Program. USDA Rural Development Acting Under Secretary Doug O'Brien made the announcement on Vilsack's behalf in Omaha, Neb., at the National Advanced Biofuels Conference. The announcement is one part of the Department's efforts to strengthen the rural economy.
"Producing advanced biofuels is a major component of the drive to take control of America's energy future by developing domestic, renewable energy sources. These payments represent the Obama Administration's commitment to support an 'all-of-the-above' energy strategy," Mr. O'Brien said.
The funding is being provided through USDA's Advanced Biofuel Payment Program, which was established in the 2008 Farm Bill. Under this program, payments are made to eligible producers based on the amount of advanced biofuels produced from renewable biomass, other than corn kernel starch. Examples of eligible feedstocks include crop residue; animal, food and yard waste; vegetable oil; and animal fat.
Through the Advanced Biofuel Payment Program and other USDA programs, the department is working to support the research, investment and infrastructure necessary to build a strong biofuels industry that creates jobs and broadens the range of feedstocks used to produce renewable fuel.
More than 290 producers in 47 states and territories have received $211 million in payments since the program's inception. It has supported the production of more than 3 billion gallons of advanced biofuel and the equivalent of more than 36 billion kilowatt hours of electric energy. ■