WASHINGTON--(BUSINESS WIRE)--Additional Congressional action is needed to follow through on the Obama administration’s recently announced initiative to rapidly build an integrated value chain for the bioeconomy, create jobs and kick start economic growth. The Biotechnology Industry Organization (BIO) today released proposed policy options that provide needed incentives to support U.S. job growth incentivizing commercial scale biorefinery projects for production of advanced biofuels, biobased products and renewable specialty chemicals.
