Source: Biotechnology Industry Organization
California's cap-and-trade regulations should recognize that using biomass for biofuels is carbon neutral and does not contribute to global warming, according to the Biotechnology Industry Organization (BIO). Comments from BIO were submitted to the California Air Resources Board on its preliminary draft regulation for the state's Cap-and-Trade Program, which is scheduled for implementation in 2011.
"California's draft regulation implicitly recognizes that biomass used for power generation recycles atmospheric carbon, resulting in no net carbon emissions," said Brent Erickson, executive vice president of BIO's Industrial & Environmental Section. "California should ensure that its final regulation consistently applies this rule to all fuels, including liquid transportation biofuels. Put simply, a ton of carbon emissions is a ton, and California should not favor or penalize any obligated party through inconsistent treatment of greenhouse gas emissions."