The relationship between U.S. renewable fuels policy and food prices

He delivered the testimony at a Full Committee Hearing on "The relationship between U.S. renewable fuels policy and food prices." The panel included Alexander Karsner, DOE Assistant Secretary for Energy Efficiency and Renewable Energy, Dr, Joseph Glauber, Chief Economist, U.S. Department of Agriculture, and other opinon leaders.

Mr. Huttner said, "We have the ability to produce both food and biofuels in abundance. " He talked about Genencor's key role in advanced biofuels, and the importance of the U.S. Renewable Fuels Standards (RFS) to further develop both current ethanol and cellulosic ethanol for a sustainable future.

"Cellulosic ethanol is on the verge of becoming a viable industry. The long standing support of the US Government for basic research, applied R&D and demonstration facilities will soon be paying off.... the ethanol plants we are building today, and the infrastructure supporting them, is the foundation we will build upon... We must keep the RFS in place and stay on course to realize the great commercial and environmental potential that a biobased economy can bring."

Please see Jack Huttner's full testimony in the pdf below.
For more information on the hearing go to www.energy.senate.gov.

Download the statement in PDF format

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