Some strongly-worded stuff here. Good to see them not backing down.
The Problem is Energy!
NBB CEO
Responds to Launch of Anti-Biofuels Campaigns
Washington, D.C.– "The problem is energy. Biodiesel is a key part of
the solution," reminds NBB CEO Joe Jobe in response to the formation of a new
partnership instigated by the Grocery Manufacturers of America. "With oil prices
up more than 100 percent in the last 12 months, it is wrongheaded for groups to
attack biofuels which represent one of the few components of US energy policy
that is actually working. Biofuels are currently contributing over 8 billion
gallons of fuel to our fuel supply, without which fuel prices, and consequently
food prices, would be even higher than they already are."
"The U.S.
biodiesel industry makes quality fuel from oilseed crops as well as inedible
products and waste sources, such as recycled cooking oil. Less than five percent
of the world’s soybeans are used for U.S. biodiesel production. Soy-based
biodiesel is made from the plant oil, leaving 80 percent of the soybean — the
protein — for animal feed and food uses. Therefore, biodiesel production is
spurring the growth of the U.S. soybean industry, making even more food and fuel
available for the future.
"Exciting research is expected to soon increase
productivity from existing soybean acres by about 10 percent. U.S. biodiesel
industry investment is growing in new non-edible raw materials such as algae,
seashore mallow, mustard, camelina and jatropha. They all hold great promise for
the future."
The U.S. biodiesel industry is a new green industry that
supports more than 21,000 jobs. It added $4 billion to the national economy in
2007, and reduced the equivalent CO2 in an amount equivalent to taking 700,000
passenger cars off the road. Biodiesel is a good bargain for taxpayers, because
the tax revenues for the industry exceed the cost of incentives for the fuel.
Furthermore, biodiesel production also helps the American farmer by creating
additional markets, helping often the struggling family farmer and rural
communities.
Article here.
