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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?

To: mistermj who wrote (3748)	10/30/2006 3:40:09 PM
From: one_less	Respond to of 10087

"“Technology will enable us to be able to say we can grow our economy and protect our environment at the same time.” ========================================================== President Champions Renewable Fuels Biodiesel is Part of Solution to Change America’s Habits ST. LOUIS – President George W. Bush today emphasized how renewable fuels, like biodiesel, can help America. He made his remarks in St. Louis at the Advancing Renewable Energy conference, hosted by the U.S. Department of Agriculture (USDA) and U.S. Department of Energy (DOE). In his remarks at the event, the President said America is too dependent on foreign oil. “We’ve got to change our habits if we want to remain the economic leader of the world.” Bush also described his May 2005 visit to a biodiesel plant in Virginia. He saw soybean oil processed into American-made biodiesel that also boosted the local economy and benefited the environment. “It makes a lot of sense for us to continue to invest in biodiesel technologies to make the production process even more efficient,” Bush said today. “Technology will enable us to be able to say we can grow our economy and protect our environment at the same time.” National Biodiesel Board (NBB) Chief Executive Officer Joe Jobe was on the conference program yesterday where he told participants, "It's appropriate that this conference is in St. Louis, the place that Lewis and Clark set out on their journey to explore the West. It's symbolic of the new era for renewable fuels that we're embarking upon." The No. 1 legislative issue for the NBB is an extension of the biodiesel tax incentive. The current tax credit, which took effect in 2005, will expire in 2008. One of its champions, Sen. Jim Talent (R-MO), addressed conference attendees yesterday. “I believe and Congress agrees that the proper use of tax credits will help stimulate a new industry that will help our economy and help us when it comes to national security,” Bush said. Research announcements made at the conference will benefit biodiesel and ethanol. Earlier today, DOE and USDA announced $4 million for biobased fuels research that will accelerate the development of alternative fuels. Yesterday, USDA Secretary Mike Johanns and DOE Secretary Samuel Bodman announced nearly $17.5 million for 17 biomass research, development and demonstration projects, to help break our nation's addiction to oil. nbb.grassroots.com