Biofuels

The new renewable fuel standard (RFS) calling for production of 36 billion gallons of biofuels by 2022 will help accelerate development of advanced industrial biotechnology applications necessary to economically produce these volumes of biofuels, the Biotechnology Industry Organization (BIO) said today. In order to meet the new RFS we must couple advances in biotechnology with the building of a huge new energy infrastructure. The industrial biotechnology and biofuel industries are ready and able to meet the challenge of sustainably increasing production of cellulosic and advanced biofuels to accomplish the goals of the new renewable fuels standard. Industrial biotechnology companies have made extraordinary leaps in an array of applications for biofuel production, from discovery of new microbes and enzymes for cellulosic ethanol production to creation of novel ones through synthetic genomics that can actually produce hydrocarbon molecules.

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