What does this mean for me?
- Biofuels are a key part of the Obama Administration's all-of-the-above strategy to deploy every available source of American energy.
To reduce our dependence on imported oil we need an all-out, all-of-the-above strategy to develop every available source of American energy. This includes investments in clean, renewable biofuels.
So what exactly is biofuel? It’s clean, renewable fuel produced from biomass -- organic material such as plants, residue from agriculture, and even algae.
At the Energy Department, we are taking a number of steps to develop the next generation of biofuels – including our joint announcement today with the U.S. Department of Agriculture (USDA) of a $41 million investment in projects to accelerate innovation across America’s growing biofuels industry.
Efforts like these that support the development of the next generation of biofuels will not only help reduce our dependence on imported oil but also create jobs, accelerate community development, and protect our air and water.
Learn about biofuels technology by watching the video above, and for more energy basics, check out our Energy 101 YouTube playlist.
