Loan-guarantee reforms needed to ensure biofuel investment, Dinneen says:

11/16/2010 | E-Xchange blog

Federal loan-guarantee programs must be reformed to secure capital for biofuel development, Renewable Fuels President and CEO Bob Dinneen said in a speech prepared for today's Cellulosic Biofuels & Biorefineries Summit in Washington, D.C. "Congress needs to expand the cellulosic-biofuels producer tax credit to include a broader range of eligible advanced biofuels, including algae, and to allow developers to select a refundable 30% investment tax credit for advanced-biofuel commercialization," Dinneen said.

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