Algae

Dr. Targan explains how biotechnology is helping to reduce our carbon footprint through the production of biofuels, which are  manufactured from various renewable resources found  naturally in our environment.  

A new report shows that continuing to build advanced biofuels production capacity can create thousands of new jobs throughout the economy, contributing to U.S. economic growth and increasing energy security.

With these benefits increasing demand for industrial biotechnology products and processes, this study uses patent data, survey results, and technology and firm level data from emerging sectors of industrial biotechnology to paint a detailed picture of innovation in the field. 

Today, the biotechnology industry is enjoying more success and influence than ever before. Our industry’s innovations continue to improve the lives of people worldwide, and the advancement of these innovations is supported by the work of BIO.

Biotechnology, the combination of biology and technology, includes biologic applications, diagnostic tools and businesses that improve everyday life by providing solutions to some of life's most vexing problems.

The report was prepared for the National Commission on Energy Policy (NCEP) by the Role of Biomass in America's Energy Future (RBAEF) project. It asserts that the United States "can replace much of our oil with biofuels - fuels made from plant materials grown by American farmers. These fuels, especially those known as cellulosic biofuels, can be cost-competitive with gasoline and diesel."