This is an excerpt from EERE Network News, a weekly electronic newsletter.

July 30, 2014

Biomass Fueling America’s Growing Clean Energy Economy

Biomass is the most abundant biological material on the planet. It is renewable; it grows almost everywhere; and it provides fuel, power, chemicals, and many other products. Despite this, most people don’t know that biomass is a major part of the U.S. economy. This bioeconomy—the economic, environmental, and social activities associated with the production and use of biomass-derived products—is growing in the United States and around the world.

Biomass resources provide incredible energy and economic potential for our country. Investment in a national bioeconomy will provide the opportunity to create new U.S. jobs. The current bioeconomy employs close to 500,000 people in the United States, and the potential exists to triple this figure in the next 15 years. Moreover, the expansion of biofuels technologies will create a stable, domestic supply of energy—reducing the vast amount of money spent importing oil from overseas and increasing our country’s national security. For the complete story, see the EERE Blog.