Biomass Crop Assistance Program
On February 8th, the United States Department of Agriculture (USDA) made public new proposed rules for the Biomass Crop Assistance Program (BCAP). The 2008 Farm Bill authorizes BCAP, which assists land owners and operators with the collection, harvest, storage, and delivery of material for biomass conversion activities.
Project LIBERTY commented on BCAP back in 2009 to USDA. USDA used these comments to update the draft of the rules that we see today. The BCAP program can help the land owner in many ways. One benefit is the matching payment program for the delivery of an eligible crop to the plant. One of those "eligible crops" is the corn cob feedstock required by Project LIBERTY.
We will look over the draft and send comments to USDA. Once BCAP is final, POET Project LIBERTY will apply to become a biomass conversion facility and farmers can register to receive matching payments.
To learn more about BCAP, visit the USDA website at: www.usda.gov,or contact POET Biomass at www.poetbiomass.com
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