“Increasing the availability and use of low-carbon fuels will bring immediate and long-term environmental benefits by lowering greenhouse gas emissions and encouraging sustainable agricultural practices that provide greater efficiencies and lower costs.

“As outlined in a recent BIO report, ‘Achieving Sustainable Production of Agricultural Biomass for Biorefinery Feedstock,’ farmers will be able to produce, harvest and deliver sufficient feedstock to the growing biorefinery industry in an economically and environmentally sustainable way through increased use of no-till agriculture. The report identifies available techniques for sustainable harvesting of agricultural residues – such as corn stover and cereal straws – for use as feedstocks for advance biofuel biorefineries. The report is available at http://bio.org/ind/biofuel/SustainableBiomassReport.pdf.

“With agricultural biotechnology, farmers can continue to increase yields of crops to meet the demands for both food and fuel. Over the past 10 years, agricultural biotechnology has helped U.S. farmers increase yields by 30 percent, a rate of yield increase that will be sufficient to meet the goals of the new renewable fuel standard. In addition, farmers can reduce operating costs, prevent soil erosion, maintain soil fertility, and harvest crop residues as raw materials for advanced biofuels through adoption of no-till agriculture. In many cases no-tell practices can even result in carbon sequestration.

“The Renewable Fuel Standard in the recently enacted Energy Independence and Security Act of 2007 calls for 36 billion gallons of biofuel to be used by U.S. motorists by 2022. Of that, 21 billion gallons has to come from advanced biofuels such as cellulosic ethanol. All new biofuel production is required to meet aggressive greenhouse gas reduction targets.

“Industrial biotechnology has greatly enhanced the efficiency of current biofuel production and made it possible to produce advanced biofuels from a broader range of cellulosic feedstocks, including crop residues. As America and countries across the world convert to bio-based fuels, industry leaders and policymakers must ensure that native habitats are protected and that only sustainable agricultural practices are utilized.”

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Upcoming BIO Events

·   BIO CEO & Investor Conference

February 11-13, 2008

New York, NY

·   Partnering for Global Health

March 10-12, 2008

Washington, DC

·   BIO-Europe Spring

April 7-9, 2008

Madrid, Spain

·   BIO National Venture Conference

April 22-23, 2008

Boston, Mass.

·   World Congress on Industrial Biotechnology & Bioprocessing

April 27-30, 2008

Chicago, Ill.

·   2008 BIO International Convention

June 17-20, 2008

San Diego, Calif.

About BIO

BIO represents more than 1,150 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology technologies. BIO also produces the annual BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world.

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Contact:

Contact Paul Winters

202-962-9237,

Your credit card can help save the planet. That’s the message companies are pitching to consumers as they roll out new credit cards designed to cash in on people’s worries about global warming.

These “green” cards allow users to channel a percentage of their spending toward efforts to cut greenhouse-gas emissions. General Electric Co.’s Earth Rewards MasterCard, launched in July by the company’s GE Money unit, targets as much as 1% of total spending on the card toward emission-reduction projects.Bank of America Corp. followed in November with its own green card, Brighter Planet Visa, which matches every dollar spent with one point that can be accumulated and traded in for “carbon offsets.” Carbon offsets are meant to reduce the impact of emissions made somewhere else — such as by planting trees. Additionally, Storm Lake, Iowa, savings bank MetaBank, a unit of Meta Financial Group Inc., in August launched its GreenPay MasterCard, which also allows users to accumulate carbon offsets with each purchase.[...]

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