Friday, 11 October 2013

Public and Private Investments Help Advance Biomass Energy Research

The secretary also announced that new investments on research algae fuels worth $16 million will be spent to aid the development of the cost-effective fuel. Additionally, more than $5 million will go to streamlining the biomass feedstock supply chain for advanced biofuels. Moniz hopes that the partnership the department has with industry research units and universities will “help make clean, renewable biofuels cost-competitive with gasoline, give drivers more options at the pump and cut harmful carbon pollution.” According to the official website of the Cambridge, Massachusetts-based Union of Concerned Scientists (UCS), the renewable biomass energy is the oldest source of renewable energy and has, until recently, “supplied far more renewable electricity—or biopower”--than wind and solar power combined.” Developed properly, UCS believes that that biomass can single-handedly increase the amounts of biopower.

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