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For Immediate Release—March 4, 2015

Washington, D.C. — In collaboration with the Advanced Biofuels Coalition, the American Council On Renewable Energy (ACORE) co-signed a letter to Capitol Hill, calling for continued congressional support for the commercial development of “drop-in” marine and aviation biofuels.

The letter calls on the Senate Appropriations Committee to include the Administration’s Fiscal Year 2016 budget request of $45 million for the Department of Energy (DOE) in their FY 2016 appropriations. This funding goes towards implementing a Memorandum of Understanding (MOU) signed in 2011 by DOE, the Department of Defense (DOD) and the U.S. Department of Agriculture (USDA) to collectively provide $510 million over a number of years, in partnership with the private sector for this effort.

“The 2011 MOU signed between USDA, DOE, and DoD represents a significant federal commitment and public-private partnership to support the commercial production of drop-in biofuels. ACORE supports Congressional appropriations for this MOU, as it will help reduce U.S. dependence on foreign sources of fuel, provide a hedge against volatile oil prices for our military and aviation sector, and accelerate the growth of a valuable domestic biofuels industry,” said Jeramy Shays, director of transportation at ACORE.
Along with ACORE’s signature on the request, the letter was co-signed by a broad coalition of organizations that represent the producers, refiners and primary consumers of advanced biofuels. The signatory included:

  • Advanced Biofuels Association 
  • Biotechnology Industry Organization
  • Air Line Pilots Association
  • National Farmers Union
  • Airlines for America
  • Natural Resources Defense Council 
  • Algae Biomass Organizations
  • Operation Free
  • American Farm Bureau Federation
  • The Pew Project on National Security, Energy and Climate
  • American Security Project
 

The Coalition letter applauds the federal government’s commitment to early stage investment in advanced drop-in biofuels. It also highlights the benefits that public-private partnership will bring to high-volume fuel consumers like the military and aviation sectors, while simultaneously strengthening U.S. national and economic security.

The letter was submitted to the Chairman and Ranking Member of the Senate Appropriations Subcommittee on Energy and Water, and well as the Chairman and Ranking Member of the full Senate Appropriations Committee.

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About ACORE:
ACORE, a 501(c)(3) non-profit membership organization, is dedicated to building a secure and prosperous America with clean, renewable energy. ACORE seeks to advance renewable energy through finance, policy, technology, and market development and is concentrating its member focus in 2015 on National Defense & Security, Power Generation & Infrastructure, and Transportation. Additional information is available at www.acore.org

ACORE Media Contact:
Kevin Haley
(202) 777-7584
haley@acore.org

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