Navy: Biofuels are becoming less expensive

08/8/2013 |

Navy officials say the price for biofuels is dropping, which will boost its "Great Green Fleet" initiative. "The alternative fuels piece is coming together more quickly than we had planned. Our partnership with the U.S. Department of Energy and U.S. Department of Agriculture is beginning to yield some promising results at this point," said Tom Hicks, deputy assistant secretary of the Navy, Energy.

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