The Renewable Fuels Association is urging the Obama Administration to maintain its commitment to the commercialization of cellulosic ethanol and other advanced biofuels. The request was in the form a letter hand delivered to the White House and signed by RFA President and CEO Bob Dinneen. The letter is in response to a White House memo seeking presidential guidance on the future of the Department of Energy loan guarantee program.
In the letter, Dinneen stated, "We strongly encourage you to not only continue with the program, but to transform it so it is more accessible for cellulosic and advanced biofuel companies. In addition, we encourage you to push Congress to restore the funds taken from the program to pay for the Cash for Clunkers initiative and a bailout for states earlier this year." In the letter Dinneen noted that restoring these funds and accelerating their distribution is one way to quickly add American jobs that cannot be outsourced.
The RFA also encouraged the Environmental Protection Agency to be cognizant of the impact of it revisions of cellulosic ethanol requirements. The RFA implored EPA to recognize that its projections send signals to the financial community that either encourage or discourage investment in emerging technologies.