Three key tax credits extended for cellulosic biofuels, biodiesel and renewable diesel; playing field leveled for algae; Farm Bill provisions extended

In Washington, the US House of Representatives passed, by a vote of 257-167, a bill to avert a set of automatic tax increases that would have, according to economist consensus, sent the US spiraling back into recession. The bill previously passed in the US Senate 89-8 and is expected to be quickly signed by President Obama, who praised the deal.


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