U.S. To Fund $35m In Bio-Oils Research Amid Food Price Concerns


The US Department of Energy and the US Department of Agriculture will jointly spend $35 million in research toward developing biomass-based oil supplements (bio-oils) that could eventually be mixed with petroleum, as the world struggles with increasing food prices as a result of biofuels production. The DOE describes the bio-oils as “precursors for fully renewable transportation fuels” that could be integrated into the oil refining processes for conventional gasoline, diesel and jet fuels. The Biomass Research and Development Initiative…

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