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Novozymes Applauds Rural Energy Investment Act



(NAFB)--Senators Al Franken of Minnesota and Tom Harkin of Iowa recently introduced the energy legislation to be included in the next farm bill. The Rural Energy Investment Act of 2013 would reauthorize successful Farm Bill Energy Title programs - including the Rural Energy for America Program, Biobased Markets Program, Biorefinery Assistance Program and the Biomass Crop Assistance Program.

The leading producer of enzymes that turn biomass into biofuels - Novozymes - is applauding the measure’s introduction. Adam Monroe - President of Novozymes Americas - says farmers power America - and this is a chance to extend their impact. He says companies like Novozymes are ready to keep investing, putting steel in the ground and Americans to work. Monroe says a strong rural economy is needed - and this bill is a chance to keep it growing.

According to Novozymes - the Energy Title of the Farm Bill funds USDA programs that help jumpstart additional biorefinery construction for advanced biofuels and renewable chemicals, dedicated energy crop feedstock development and consumer demand of biobased products - encouraging further commercialization of the renewable industry. The Biotechnology Industry Association says 860 growers in 12 states plant 59-thousand acres of new energy crops a year thanks to the assistance of the Biomass Crop Assistance Program. 


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Topics : Business_FinanceEnvironment
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Locations : IowaMinnesota
People : Adam MonroeAl FrankenTom Harkin
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