Oct 12 - 13, 2015 - London, United Kingdom
The Advanced Biofuels Association, the Algal Biomass Organization, Airlines for America, the Biotechnology Industry Organization, and the National Farm Bureau Federation today wrote leaders of the House and Senate Armed Services Committees and Appropriations Defense Subcommittees, asking them to support the Department of Defense’s (DoD) commitment to accelerate production of American-made, advanced, “drop-in” biofuels for use in military jets, ships, and vehicles.
The letter states:
“Continued reliance on foreign oil puts U.S. troops at risk of supply disruptions during military or humanitarian missions. Moreover, the oil market is unpredictable and the price per barrel of oil often has dramatic fluctuations, which wreaks havoc on military budgets. In fiscal years 2011 and 2012, for instance, DoD came up $5.6 billion short in its budget for military operations and maintenance because it spent more on fuel than anticipated.
“Budget shortfalls associated with fuel price spikes force military leaders to make tough decisions, such as asking Congress for supplemental resources that are difficult to secure in tough budget times or cutting back on steaming hours and flight training. Meanwhile, U.S. advanced biofuel producers have made rapid progress toward cost-competitiveness. Per gallon cost of test quantities of advanced biofuels under Navy contracts has declined more than 90 percent over the past two years and will continue to decline as these technologies scale to commercial production. DoD’s efforts to reduce use of foreign oil and increase use of American biofuels can provide more certainty for military fuel purchasers and therefore reduce the Department’s massive operational cost overruns.”
A copy of the letters can be found at http://www.advancedbiofuelsassociation.com/news.php?id=190.
Source : BIO