Renewing America: How Can Biotechnology Benefit You?
News Biotechnology generates a wide range of economic and environmental benefits, including creating jobs, reducing pollution and lowering the price we pay for gas and energy.
What if I told you that it was possible to grow your own fuel, or to generate electricity out of thin air, all while helping the economy and the environment? It almost sounds too good to be true, but every time you fill up at the pump or turn on the lights, you’re encountering this incredible new American energy paradigm.
Thanks to the Renewable Fuel Standard (RFS), signed into law by President George W. Bush in 2005 and strengthened in 2007, a portion of every gallon of automobile fuel sold in this country contains biofuels. And those biofuels go a long way: the RFS reduces the average price of a U.S. gallon of gasoline by $1.09.
Biofuels do more than bring down gasoline prices — they’re a homegrown supply of energy weaning us off of foreign sources of oil often susceptible to radical price swings.
"In short, biotechnology means more jobs at home and less headaches overseas."
Since 2011, domestic biofuels have added more volume to the U.S. fuel supply than oil imports from Saudi Arabia, and the industry can scale up to produce more. These low-carbon, renewable fuels support over 400,000 U.S. jobs. In short, biotechnology means more jobs at home and less headaches overseas.
Power of nature
Biofuels aren’t the only source of renewable power making an impact in America. Wind energy, solar power, geothermal, waste-to-energy, bio-power, energy efficiency; these clean energy technologies support more than 1.5 million jobs in the U.S.
The sustainable, domestic renewable energy industry would not have developed were it not for bipartisan policy support from the federal government. That investment continues to pay off: the U.S. is the global leader in ethanol production and wind energy consumption, there are more solar workers than coal miners in the U.S., and cellulosic biofuels from post-harvest crop waste are now a reality in America. For renewables, the future is surely bright — and green.