Advanced Biofuels Non-Profit Receives Tax Exemption Status
by Rachel Gantz (Oil Price Information Service) … As Ivancic explained to OPIS, Advanced Biofuels USA launched in April 2008 with the intention of being a new trade organization representing second and third generation biofuels. However, around that time, biofuel producers began to struggle as a result of the economic downturn, and so it wasn’t an ideal time to launch a trade organization with membership dues, she said. But there was still a need to educate people on advanced biofuels, she explained.
“Anybody who thinks that biofuels are just corn ethanol and soybean biodiesel needs to know and expand their understanding” of the industry, Ivancic said. While other biofuel trade associations are doing a good job promoting first generation biofuels, “we want to fill in the gaps from where these other organizations leave off,” she explained, with a specific focus on sustainable non-food feedstocks.
Advanced Biofuels USA plans to provide broader understanding for a host of second generation biofuels, including algae-based biofuels and so-called “drop-in” fuels such as green crude, which require no new infrastructure, Ivancic noted. READ MORE
Related posts:
- DomesticFuel.com Introduces Advanced Biofuels USA to Its Readers
- Juice: Alternate Fuels World Announcing the Advanced Biofuels Association
- Advanced Biofuels USA Forms in Maryland to Lobby for Next-Gen Biofuels
- Advanced Biofuel Companies Ask Congress to Provide Comprehensive Biofuels Policy and Stimulate Investment in Advanced Biofuels
- BIO Focuses on Advanced Biofuels Asking EPA to Maintain Flexibility in Life Cycle Analysis for Renewable Fuel Standard
