Energy Subsidies

USDA Announces $25 Million in Biofuel Funding

This is why they want the debt ceiling raised?

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Agriculture Secretary Tom Vilsack visited a state-of-the-art bioindustrial facility at Renmatix on Jan. 11, where he announced $25 million to fund research and development of next-generation renewable energy and high-value biobased products from a variety of biomass sources.

"USDA's continuing investments in research and development are proving a critical piece of President Obama's strategy to spur innovation of clean bioenergy right here at home and reduce our dependence on foreign oil," said Vilsack. "The advances made through this research will help to boost local economies throughout rural America, creating and sustaining good-paying jobs, while moving our nation toward a clean energy economy."