Iowa senator announces U.S funding for biofuels
BusinessWeek
U.S. Sen. Chuck Grassley, R-Iowa, says the U.S. Department of Agriculture has awarded $1.6 million to the state to help development of biofuels as an energy alternative.
In a statement Monday, Grassley said the payment to Iowa is coming through the Bioenergy Program for Advanced Biofuels.
Grassley says it is great to see the Agriculture Department working with Iowa biofuel companies to lessen U.S. dependence on foreign oil by continuing to develop advanced biofuels.
The largest portion of the funds, $727,132.93, is going to Renewable Energy Group in Ralston to ensure an expanding production of advanced biofuels through the use of canola oil, soybean oil, other oils and animal fat.
About $298,475 is going to Western Iowa Energy to help to increase production of advanced biofuels through the use of waste vegetable oil, greases and animal fat.
