WASHINGTON--(BUSINESS WIRE)--The Obama administration’s new biofuels initiative is a much-needed step in federal coordination that can help pioneer companies secure the investment needed to build large-scale advanced biofuels production facilities. Rapid implementation of final Renewable Fuel Standard rules will create the market space for advanced biofuels; but more work is needed to accommodate further innovation and scale-up of new technologies. The Biotechnology Industry Organization (
For more information, please visit
http://www.businesswire.com/news/home/20100203006805/en