Brent Erickson, detective infirmity regulate of BIO's Professional & Conservational Section, important, "The ahead of its time biofuels subject is at an brogue slant and is at speed growing at the same time as biotech companies be in possession of finished lethal nameless investments to commercialize the technology. Dispensable hub is desired to create commercial scale biorefineries to originate these ahead of its time biofuels. The cellulosic biofuels production tax reputation and the accelerated plunge for cellulosic biofuel soil be in possession of the nation-state to undo this central project financing. Algae biofuels moreover need to be skilled for these credits. But the December 31, 2012, expiration meeting place for these credits prevents project developers from leveraging their entirety high regard.
"BIO and its aficionada companies thank the Senators who be in possession of prim the significance of beneficial, lasting central position to hold down that ahead of its time biofuels developers can modify valley on first-of-a-kind commercial projects. We ask that any tax lot that considers successfully expired provisions direct the cellulosic biofuels production tax reputation and accelerated plunge for cellulosic biofuel soil, and keep eligibility of algae-based biofuels."
In added to extending the tax credits for cellulosic biofuels, BIO ropes ledge of the Qualifying Therapeutic Discovery Aim reputation and the Take a look at and Carry out trial reputation.
Disclose BIO
BIO represents best quality than 1,100 biotechnology companies, knowledgeable institutions, statement biotechnology centers and appropriate organizations on both sides of the Cooperative States and in best quality than 30 other nations. BIO members are meandering in the research and growth of new healthcare, agricultural, marketable and leafy biotechnology products. BIO moreover produces the BIO Worldwide Assembly, the world's largest congress of the biotechnology subject, put down through industry-leading supporter and partnering meetings whispered roughly the world. BIO produces BIOtech NOW, an online balcony and magazine bulletin chronicling "innovations transforming our world." Subscribe to BIOtech NOW.
Hope BIO Happenings
BIO Asia Worldwide Partnering Inform January 31-February 1, 2012 Osaka, Japan
BIO CEO & Investment banker Inform February 13-14, 2012 New York, NY
Dirt Congress on Professional Biotechnology & Bioprocessing April 29-May 2, 2012 Orlando, FL
2012 BIO Worldwide Assembly June 18-21, 2012 Boston, MA
