USDA awarding $8.8M to 108 companies to support the production of advanced biofuel #hpev
USDA awarding $8.8M to 108 companies to support the production of advanced biofuel 28 May 2016 The US Department of Agriculture (USDA) is awarding $8.8 million to 108 companies in 39 states to boost the production of advanced biofuels. The funding is being provided through USDA’s Advanced Biofuel Payment Program, which was established in the 2008 Farm Bill. Payments are made to biofuels producers based on the amount of advanced biofuels produced from renewable biomass, other than corn kernel starch. Examples of eligible feedstocks include crop residue, food and yard waste, vegetable oil, and animal fat. Through this program to date, USDA has made $308 million in payments to 382 producers in 47 states and territories. These payments have produced enough biofuel to provide more than 391 billion kilowatt hours of electric energy.