National

President Obama Announces Major Initiative to Spur Biofuels Industry and Enhance America’s Energy Security

WASHINGTON–(ENEWSPF)–Aug. 16, 2011 – President Obama today announced that the U.S. Departments of Agriculture, Energy and Navy will invest up to $510 million during the next three years in partnership with the private sector to produce advanced drop-in aviation and marine biofuels to power military and commercial transportation.  The initiative responds to a directive from President Obama issued in March as part of his Blueprint for A Secure Energy Future, the Administration’s framework for reducing…

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