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Saturday, 04/10/2010 12:06:53 PM

Saturday, April 10, 2010 12:06:53 PM

Post# of 111729
Check out the 4th bullet under threshold determinations for eligibility as a 'renewable fuel' as defined by the EPA. The algae industry has been at a disadvantage in attracting investment dollars because fuel derived from algae is not yet recognized in the tax code as an advanced biofuel. The recent endorsement by the EPA will speaks volumes in justifying the passing of legislation by Congress to correct this oversight.

http://www.epa.gov/otaq/renewablefuels/420f10006.htm

and

http://www.energyboom.com/policy/algal-biomass-organization-praises-obamas-biofuels-strategy