The United States on Thursday launched a renewable energy initiative to boost bio-fuel production to create jobs, lessen the effects of climate change and wean the country off oil imports, an official said.
Part of President Barack Obama's Food, Conservation, and Energy Act of 2008, the Biomass Crop Assistance Program (BCAP) is a "national imperative" to assist the bio-fuels industry, Agriculture Secretary Tom Vilsack told the National Press Club.
"By producing more bio-fuels in America, we will create jobs, combat global warming, replace our dependence on foreign oil and build a stronger foundation for the 21st century economy," he added.
The US Department of Agriculture said BCAP "provides assistance for the establishment and production of eligible renewable biomass crops," a statement said.
The program provides up to 75 percent of the cost of establishing eligible perennial crops, as well as matching payments for transportation of eligible materials sold to qualified biomass conversion facilities.
"The Obama administration is aggressively supporting our nation's farmers, ranchers and producers of bio-fuels as they work to bring greater energy independence to America," Vilsack said.
He also announced a five-year agreement with the Federal Aviation Administration to develop jet fuel from forest and crop residues and other "green" feed-stocks in order to decrease dependence on foreign oil and stabilize fuel costs.
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