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WASHINGTON, D.C. (May 24, 2012) – The Advanced Biofuels Association, the Algal Biomass Organization, Airlines for America, the American Farm Bureau Federation, the Biotechnology Industry Organization, Growth Energy, and the Pew Charitable Trusts today expressed disappointment that the Senate Armed Services Committee adopted amendments to the National Defense Authorization Act blocking the Department of Defense’s (DoD) use of domestically produced alternative energy.
The groups released this joint statement:
“Continued reliance on foreign oil puts U.S. national security at risk. Oil market volatility has already wreaked havoc on military budgets, which came at the cost of new equipment and training for our troops and reduced military readiness. In fiscal years 2011 and 2012, DoD came up $5.6 billion short in its budget for military operations and maintenance because it spent more on fuel than anticipated.
Moreover, the United States sends $1 billion overseas each and every day to pay for foreign oil, further draining resources from the U.S. economy.
“U.S. advanced biofuel producers have made rapid progress toward cost competitiveness. The per-gallon cost of test quantities of advanced biofuels under DoD contracts has declined more than 90 percent over the past two years and will continue to decline as these technologies scale to commercial production.
DoD’s efforts to reduce use of foreign oil and increase use of American biofuels can lead the nation’s effort to achieve energy security.
“We will work with Members of the Senate to restore support within the NDAA for the DoD’s commitment to accelerate production of American-made, advanced, ‘drop-in’ biofuels for use in military jets, ships, and vehicles.”
Source: Pew Research Center
For more information http://www.advancedbiofuelsassociation.com/
About the Algal Biomass Organization
The Algal Biomass Organization (ABO) www.algalbiomass.org.
American Farm Bureau Federation
AFBF Growth Energy
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