Washington, D.C. - Congressman Dave Loebsack today announced a total of $1,073,514 for advanced biofuel producers in Iowa. The funding is being provided through the United States Department of Agriculture (USDA) Bioenergy Program for Advanced Biofuels.
"Investments in alternative energy sources, such as biofuels, help create jobs here in Iowa and pave the way to America's energy independence by reducing our dependence on foreign oil," said Loebsack. "I am pleased this funding will go to producers that are on the cutting edge of these groundbreaking technologies."
Under the USDA Bioenergy Program for Advanced Biofuels payments are made to eligible producers based on the amount of biofuels a recipient produces from renewable biomass, other than corn kernel starch. Examples of eligible materials include but are not limited to: crop residue; animal, food and yard waste material; vegetable oil; and animal fat. The program supports the research, investment and infrastructure necessary to build a biofuels industry that creates jobs and broadens the range of materials used to produce renewable fuel.
Details of the funding are below.
· Clinton County Bio Energy, LLC: $64,382 for biofuel from waste products
· Iowa Renewable Energy, LLC in Washington: $135,510 for biofuel from waste products
· Renewable Energy Group, Inc. based in Ames, and with facilities in Newton and Danville among others: $873,622 for biodiesel transesterification
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