USA BIOFUEL INDUSTRY RECEIVING BOOST FROM NEW OBAMA ADMINISTRATION

BY RUSSELL BERMAN THE SWEEPING energy reforms being undertaken by the new administration of US President Barack Obama include billions of dollars in funding for biofuels and other clean energy sources. America's biofuels industry is applauding Mr Obama's early moves, although advocates are still awaiting regulatory directives on renewable fuel standards. These could have implications for the industry even more far-reaching than the direct funding made available by the president's US$787 billion economic stimulus package, his proposed budget, and ongoing grant ...


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