WASHINGTON--(BUSINESS WIRE)--The Biotechnology Industry Organization (BIO) applauds key Members of the House of Representatives for holding today the first meeting of the newly revived Congressional Algae Caucus. BIO especially recognizes caucus co-chairs Scott Peters (D-CA-52) and Matt Salmon (R-AZ-5) for their leadership in this important and emerging area of industrial biotechnology. “I want to thank Representatives Peters and Salmon for their bipartisan leadership in organizing the Congressional Algae Caucus, especially now as algae companies are beginning to construct their first commercial production facilities,” said Jim C. Greenwood, President and CEO of BIO. “BIO supports the goals and efforts of the caucus in bringing awareness to the evolving role of algae in the production of sustainable, renewable fuels, chemicals and products. We welcome this important new platform for discussion of supportive federal policy, including reauthorization and robust funding of Farm Bill energy programs, maintaining the Renewable Fuel Standard (RFS) and extending support for algae-based fuels and products in the tax code.”
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