Earl Blumenauer: “If I could briefly comment, I appreciate what you have each indicated in terms of the new generation of dealing with…”

“If I could briefly comment, I appreciate what you have each indicated in terms of the new generation of dealing with biofuels. I think this is an example of how we move forward. You are absolutely right in terms of being able to zero in on the research, to squeeze out of this, to have tax incentives that are uniform, predictable and deal with the second and third generation of ethanol development and dealing with what might happen in terms of unlocking the power of biology here. I have been struck by how there are many opportunities for us in the new farm bill to redirect, what is it, $23 billion of subsidy at this point that flows increasingly to a very small number of farmers, often corporate farms or large ones in a small limited area in a small, limited number of crops. We have an opportunity to unlock that, help farmers with their energy production, allow more farmers into it and find out how we unlock the power of this ingenuity.”