BIO‘s Brent Erickson, executive vice president of the industrial & environmental section, wrote a noteworthy op-ed titled “Some Good News for a Change: Why The Farm Bill Is a Big Win for Biofuels and Biorefineries.” Published in Biofuels Digest, Brent discusses how the passing of the 2014 Farm Bill was the much needed good news for the biofuels industry in light of the recent EPA’s proposed RVO rule as part of the 2014 Renewable Fuel Standard (RFS):
It has been the winter of discontent for the biofuels industry, given EPA’s proposed RVO numbers for the 2014 Renewable Fuel Standards (RFS). But in the midst of the winter chill the sun broke through the clouds and providence shined down on the biorefining industry as Congress passed the long-awaited Farm Bill. The true good news is that the Senate conferees prevailed in getting $881 million in mandatory funding over the next ten years to renewable energy and biofuels initiatives and extending incentives for the first time to manufacturers that use industrial biotech to make renewable chemicals.
President Obama chose a fitting place to sign the 2014 Farm Bill. It was in Lansing back in February 2012 that Michigan Sen. Debbie Stabenow launched the “Grow It Here, Make It Here” initiative, which aimed to revitalize Energy Title programs. BIO helped found the Ag Energy Coalition to advocate for the Energy Title. Then BIO and its member companies stood with the Senator as she rolled out this initiative and brought together a coalition of farm energy groups to support her efforts to win reauthorization, extension and robust funding of the energy title programs. It was a long and sometimes difficult road, but the incorporation of the initiative into this year’s Farm Bill sets the stage for continued success of the programs and growth of the biorefinery and biobased manufacturing sector over the next five years.
To read the article in its entirety and to learn more on how the 2014 Farm Bill supports a biobased economy, go here.