Biomass Industry Being Helped by BCAP

Program has provided over $165 million in assistance.

Compiled by staff

Published: Apr 6, 2010

USDA's Biomass Crop Assistance Program is investing a lot of dollars into our nation's energy facilities. Farm Service Agency Administrator Jonathan Coppess reports, through April 2, 2010, USDA has approved 4,605 agreements for the delivery of more than 4.18 million tons of biomass and paid eligible biomass owners over $165 million in matching payments under BCAP's first phase.

Biomass is any organic matter that is available on a renewable or recurring basis including: agricultural commodities, plants, trees, algae, and other animal, vegetative and wood waste materials. The matching payments are for the collection, harvest, storage and transportation of eligible biomass delivered to approved facilities to convert it to biofuels.

Once a final rule is released, Coppess believes, the full potential of the BCAP program to encourage on-the-ground innovation through new crops and new economic development for farmers and rural communities will be realized. The final rule will provide funding for producers of renewable biomass who establish new biomass crops within select geographical areas and will continue to provide matching payments for deliveries of eligible materials.

Permalink: Click here

Tagged: usda, biofuels, Farm Service Agency, biomass crops

Comments

Read comments from others and share your own thoughts.

Please provide the answer to the following question:

=

Search this site:

Read More Stories

Farm Bureau 'Cautiously Hopeful' On TTIP Negotiations

First round of TTIP negotiations to take place week of July 8

Read this story


Market Worries About Weather, Wall Street

Wet forecast could snarl late planting, while Fed meeting could add volatility. (Audio)

Read this story


House Opens Debate on Farm Bill

Committee leaders prepare the troops for amendment voting Wednesday

Read this story