WASHINGTON--(BUSINESS WIRE)--The Advanced Biofuels Association, the Algal Biomass Organization, Airlines for America, the American Farm Bureau Federation, the Biotechnology Industry Organization, Growth Energy, and the Pew Charitable Trusts today expressed disappointment that the Senate Armed Services Committee adopted amendments to the National Defense Authorization Act blocking the Department of Defense’s (DoD) use of domestically produced alternative energy.
The groups released this joint statement:
“Continued reliance on foreign oil puts U.S. national security at risk. Oil market volatility has already wreaked havoc on military budgets, which came at the cost of new equipment and training for our troops and reduced military readiness. In fiscal years 2011 and 2012, DoD came up $5.6 billion short in its budget for military operations and maintenance because it spent more on fuel than anticipated. Moreover, the United States sends $1 billion overseas each and every day to pay for foreign oil, further draining resources from the U.S. economy.
“U.S. advanced biofuel producers have made rapid progress toward cost-competitiveness. The per-gallon cost of test quantities of advanced biofuels under DoD contracts has declined more than 90 percent over the past two years and will continue to decline as these technologies scale to commercial production. DoD’s efforts to reduce use of foreign oil and increase use of American biofuels can lead the nation’s effort to achieve energy security.
“We will work with Members of the Senate to restore support within the NDAA for the DoD’s commitment to accelerate production of American-made, advanced, ‘drop-in’ biofuels for use in military jets, ships, and vehicles.”
As a leading voice for America’s domestic biofuels industry, the Advanced Biofuels Association, ABFA, represents companies deploying advanced and renewable technologies that are helping drive America’s new economy by creating jobs, reducing our dependence on foreign oil and fossil fuels while fueling a sustainable future for the world. A national organization based in Washington, D.C., the ABFA supports federal investment while encouraging public policies that are consistent, technology neutral, utilize sustainable feedstocks and offer subsidy parity. For more information http://www.advancedbiofuelsassociation.com/.
About the Algal Biomass Organization
The Algal Biomass Organization (ABO) is a 501 c(6) non-profit whose mission is to promote the development of viable commercial markets for renewable and sustainable commodities derived from algae. Its membership is comprised of people, companies and organizations across the value chain. More information about ABO, including its leadership, membership, costs, benefits and members and their affiliations, is available at the website: www.algalbiomass.org.
Annually, commercial aviation helps drive more than $1 trillion in U.S. economic activity and nearly 10 million U.S. jobs. A4A airline members and their affiliates transport more than 90 percent of all U.S. airline passenger and cargo traffic. For more information about the airline industry, visit www.airlines.org and follow us on Twitter @airlinesdotorg.
About American Farm Bureau Federation
AFBF is the unified national voice of agriculture, working through our grassroots organizations to enhance and strengthen the lives of rural Americans and to build strong, prosperous agricultural communities.
BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIO produces BIOtech NOW, an online portal and monthly newsletter chronicling “innovations transforming our world.” Subscribe to BIOtech NOW.
About Growth Energy
Growth Energy represents the producers and supporters of ethanol who feed the world and fuel America in ways that achieve energy independence, improve economic well-being and create a healthier environment for all Americans now.