The U.S. Departments of Agriculture and Energy have teamed up to hand out some research awards to designed to improve and accelerate genetics in plants for bioenergy production.
This USDA release says the announcement from Agriculture Secretary Tom Vilsack and Energy Secretary Steven Chu will make $8.9 million available:
“Cost-effective, sustainable biofuels are crucial to building a clean energy economy,” said Secretary Chu. “By harnessing the power of science and technology, this joint effort between DOE and USDA will help accelerate research in the critical area of plant feedstocks, spurring the creation of the domestic bio-industry while creating jobs and reducing our dependence on foreign oil.”
“Developing a domestic source of renewable energy will create jobs and wealth in rural America, combat global warming, replace our dependence on foreign oil, and build a stronger foundation for the 21st century economy,” Secretary Vilsack said. “This scientific investment will lay the foundation for a source of fuel made from renewable sources.”
The research grants will be awarded under a joint DOE-USDA program focused on fundamental investigations of biomass genomics, with the aim of harnessing lignocellulosic materials–i.e., nonfood plant fiber–for biofuels production. Emphasis is on perennials, including trees and other nonfood plants that can be used as dedicated biofuel crops. Since such crops tend to require less intensive production practices and can grow on somewhat poorer quality land than food crops, they will be a critical element in a strategy of sustainable biofuels production that avoids competition with crops grown for food. Combining DOE’s leadership in genome-scale technologies with USDA’s long experience in crop improvement will help accelerate development of such specialized crops and improve their effectiveness as feedstocks for biofuels production.
The Energy Department will be handing out $6.9 million for seven projects across the country and USDA’s National Institute of Food and Agriculture will give $2 million for two projects in Illinois and Texas.
Under the sale, BP acquires the Jennings, LA biofuel pilot plant and the demonstration facility, as well as the San Diego R&D facilities. BP also receives Vereniums cellulosic biofuels and enzyme technologies and related IP. Verenium retains its commercial enzyme business, including its biofuels enzymes products and has the right to develop its own lignocellulosic enzyme program. Verenium will also retain select R&D capabilities, as well as rights to access select biofuels technology developed by BP using the technology it is acquiring from Verenium through this agreement.
With the stock market continuing to flounder, these speculators are positioning themselves for another bull run on agricultural commodities and crossing their fingers that corn prices go higher. They’ve laid down their bets that the drought in Russia and flood-induced crop failures in Pakistan will leave the world short of grain and spur demand and prices for U.S. grains. As clearly demonstrated by the 2008 commodities bubble, supply-demand fundamentals take a back seat to frenzied speculation when this many trigger-happy gamblers are in the market. Don’t be surprised if even the slightest hints of higher demand for U.S. crops or lower-than-expected U.S. supply touches off speculative hysterics not seen since the spring and summer 2008. If a speculative rally on corn does come to pass this fall, let’s at least hope that the pundits recognize the role of speculators and avoid immediately jumping to the conclusion—as they did in 2008—that biofuels had anything to do with it.
It was the “Bill and Tom Show” at the 2010 Farm Progress Show on Wednesday as 
At the grand opening, California Energy Commissioner Anthony Eggert (pictured) said the station development project, known as the Low Carbon Fuel Infrastructure Investment Initiative (LCFI3), will help the state with the development and deployment of low carbon fuels and clean vehicles. “The Energy Commission is proud to team up with Propel Fuels and the partner agencies to bring next generation low carbon biofuels, including cellulosic ethanol, to the nearly half a million flex fuel vehicle customers in California, while creating hundreds of green jobs, and continuing to lead the way in our nation’s battle against climate change,” said Eggert.
“Presently in California more than one million diesel and Flex Fuel passenger cars are capable of running on renewable fuels, but there hasn’t been a sufficient number of renewable fuel stations,” said John Boesel, President and CEO of CALSTART. “This program takes a major step forward by creating 75 new renewable stations which will give consumers the choice to say ‘no’ to oil dependence, ‘yes’ to the American economy and ‘yes’ to the environment.”