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Algae-based Renewable Fuel Promotion Act Of 2010

Floor Speech

Date: Sept. 28, 2010
Location: Washington, DC
Issues: Natural Resources

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Madam Speaker, Americans across the Nation are increasingly interested in the contribution that clean, homegrown fuels can make to our environment, economic development, and energy security. Additionally, I hear from many of my constituents that they believe Federal policy should move toward the development of biofuels that do not compete with food and otherwise operate on a feedstock and technology-neutral basis.

Today's legislation advances those goals by including algae as a qualified feedstock under the existing cellulosic biofuel credit. It is forward-looking legislation that recognizes the rapidly evolving nature of the advanced biofuels industry and the demonstrated potential of biofuels made from algae.

With that, I yield 5 minutes to my colleague Congressman Harry Teague of New Mexico and thank him for his extraordinary leadership on this bipartisan initiative.

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