Showing posts with label loan capital. Show all posts
Showing posts with label loan capital. Show all posts

December 12, 2012

Brighter Horizon for Biofuels

The biofuel industry breathed a big sigh of relief last month when the EPA declined several governors’ petitions to waive the Renewable Fuel Standard. Then, after a herculean group effort, the industry and other interests stood and cheered as the Senate voted last week to clear the path for the Department of Defense to take a leadership role in opening markets for new advanced biofuels.

Additional regulatory and Congressional actions may give the industry even further cause for celebration in the next few weeks and months. After meeting a number of challenges, the biofuels industry’s cohesive, unified efforts are paying off. The industry needs to continue to support efforts, such as Fuels America, in order to fend off biofuels opponents and detractors.