Matt Carr, joined the Algae Biomass Organization this past June as the executive director coming from the BIO (Biotechnology Industry Organization) where he was introduced to algae and the algae story and he thought this is where the country should be going in terms of sustainable fuels. Carr joined Joe Jobe, NBB and Michael McAdams, Advanced Biofuels Association on a panel to give attendees of the 2014 National Advanced Biofuels Conference a policy update and industry outlook for advanced biofuels.
“We’re in a tough spot,” said Carr when asked the state of the algal industry. “The advanced biofuels sector grew up on the backs of strong federal policy support, R&D funding from the Department of Energy in the early days along with the Renewable Fuel Standard (RFS) and tax policy. Right now all of those areas are uncertain and its causing our members and other across the advanced biofuels industry to question their focus on fuels and their focus on America and to look at other markets in other countries to potentially deploy that technology.”
With elections coming up, Carr was asked if he thinks the political environment will change. He said that the industry is at a point now where it has to see something change. “When we have conservative Republicans recognizing its Washington getting in the way of American innovation and job creation we’ve reached a tipping point.”
What stood out for Carr as part of the panel was the shared sense of frustration with Washington. But he is hopeful that both sides of the spectrum can come together and recognize the opportunity the country has in advanced biofuels.