• Skip to main content
  • Skip to footer

Algae Biomass Organization

Harnessing the foundation of life to sustain it

  • About
    • About ABO
    • About Algae
    • Board of Directors
    • ABO Team
  • Membership
    • Our Members
    • Membership Benefits
    • Membership Application
  • Resources
    • Microalgae
    • Seaweed (Macroalgae)
    • Policy Center
    • Careers in Algae
    • Industry Technical Standards
    • Shop
  • Algae Biomass Summit
    • About the Summit
    • Submit an Abstract
    • Summit Agenda
    • Exhibit at the Summit
    • Summit Sponsorship Program
  • ABO Blog
  • Contact Us
    • Contact Us
    • Media Inquiry
  • Log In

May 08 2013

Unleash the Master Limited Partnership

One short piece of legislation recently introduced in Washington, DC as the potential to unleash a new wave of investment in renewable energy technologies.

The bill, the Master Limited Partnerships Parity Act (MLPPA), introduced by  Senator Chris Coons (D-DE) and a bipartisan group of lawmakers would allow clean energy companies to organize as a Master Limited Partnership (MLP), an arrangement currently applicable only to oil and gas companies.

In a recent post on the National Journal’s Energy Blog, ABO Executive Director Mary Rosenthal weighed in on what this bill could do for renewable energy investment:

…this very simple piece of legislation will have significant benefits to our economy, our environment and our national energy security. By giving renewable fuel projects the same tax incentives and treatment that fossil fuel projects have enjoyed for decades, the MLPPA will help biofuel companies overcome the so-called valley of death – the space between successful pilot or demonstration facilities and full-blown commercial facilities. It will also increase investment opportunities for a wider audience, allowing more people to “vote with their dollars.” Last, by facilitating the commercialization of new fuels, this bill will help create jobs and drive economic growth across the country.

Read the rest of Mary’s column here.

Written by nathank · Categorized: Blog

Footer

  • Twitter
  • LinkedIn
  • Facebook

Copyright © 2023 · Algae Biomass Organization