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Biotech Business



BIO Asks Congress to Support Investment in Biofuels and Renewable Energy



August 18th, 2007

"Comprehensive energy legislation must have a meaningful tax title that addresses the needs of clean and advanced energy technology industries that are working to increase domestic energy production and reduce America's dependence on foreign oil." That is the strong message contained in a letter to Senators sent today by the Biotechnology Industry Organization (BIO) and 17 renewable energy advocacy groups.

The letter asks Senators to support energy tax legislation similar to the Energy Advancement and Investment Act of 2007, approved by the Senate Committee on Finance on a bipartisan basis in June. Though Committee Chairman Max Baucus (D-Mont.) and Ranking Member...


Source: Law & Health Weekly (2007-08-18)

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