The U.S. Department of Energy is announcing $59 million to accelerate the production of biofuels and bio-products to reduce emissions in hard-to-decarbonize sectors. These efforts can help pave the way for the biofuels industry to deploy commercial-scale integrated biorefineries.
Some hard-to-decarbonize sectors such as aviation, rail, and shipping get a huge opportunity to reduce emissions and support high-quality jobs across rural America. Broad goal initiative is to achieve cost-competitive biofuels, and reaching a net-zero carbon economy by 2050.
DOE supports the idea of fostering innovation from lab to market, so then to develop biofuel technologies on a production scale and create economic incentives for companies to adopt them.
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