Today in Biofuels Opinion: “The President…wants the biofuel industry to take hold in this country.”

Secretary of Agriculture Tom Vilsack: “I suspect that there will probably be an effort to make sure when there is [speculative] ]trading that takes place on the market, that it’s trading that actually assists the market, doesn’t hurt the market, creates a robust trading scheme so that we get a good pricing signal. The President has been very, very clear about this. He wants the biofuel industry to take hold in this country. He wants us to break our addiction to foreign oil. The only way we can do that is by producing our own fuel and the biofuels industry is the way we are going to do that.

From Reuters: “The first biofuels produced using new generations of biomass raw materials could be available in commercial volumes from 2010 at the earliest, German junior Environment Michael Mueller said on Monday. Germany is among the first European countries building test plants to produce commercial volumes of second generation biofuels from a wide range of biomass materials ranging from wood chips and other forest products to straw, hay, vegetable waste and low grade crops.

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