America is making efforts for increasing the domestic production of biofuels so that it could lead to the creation of more jobs in this sector. For this purpose President Bush is making whole hearted efforts and is undertaking panel discussions on advancements in industrial biotechnology so that it could aid in increasing the production of ethanol. Jim Greenwood, President and CEO, Biotechnology Industry Organization stated: We appreciate the personal interest that President Bush has taken in boosting domestic biofuels production. The President’s recent statements underline his commitment to developing new biofuels technologies. We believe President Bush’s visit to Novozymes sends the world a strong message about the importance of the work that industrial biotechnology companies are doing to provide a key enabling technology for large-scale production of ethanol This is expected to act as a booster for the U.S based biotechnology jobs as the U.S government is making efforts for reducing the dependence on petroleum based energy fuels and is looking towards industrial biotechnology for offering cheap forms of alternate and renewable sources of energy in the form of biofuels. It is expected that it would lead to the creation of more jobs for the country.

Source:
http://www.biotechblog.org/rss.xml