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USDA providing $9.6M to create 9,000 acres of BCAP project areas for non-food energy crop production

Green Car Congress

BCAP, created in the 2008 Farm Bill, helps farmers and forest land owners with start-up costs of planting new energy crops that can take several years to reach maturity until harvest, a timeline designed to parallel the construction schedule of commercial-scale energy facilities that will use these crops.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Southern Company: Mississippi Power. Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.

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USDA Report Provides Regional Roadmap To Meeting the Biofuels Goals of the Renewable Fuels Standard by 2022; Southeast to Provide ~50% of Advanced Biofuels

Green Car Congress

Assuming an average biorefinery size of 40 million gallons per year, USDA estimates it meeting the RFS2 advanced biofuels goals will mean building of 527 biorefineries, at a cost of $168 billion. Alabama, Arkansas, Florida, Georgia, Hawaii, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas.

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