CITY OF PORTLAND ANNOUNCES FINANCIAL INCENTIVES FOR BIOFUELS
Full Description:
City of Portland Commissioners Dan Saltzman and Randy Leonard announced today that financial incentives from the City of Portland are now available to help make high blends of biofuels more readily available in Portland . The grants will develop the Portland transportation fuels and home heating oil markets, create quality local biofuels jobs and support Oregon agriculture.
Through the Office of Sustainable Development, the City of Portland is offering two separate grant programs, the “Biofuels Investment Fund” and the “Retail & Fleet Biofuels Infrastructure Grant.”
“These financial incentives will make biofuels more available throughout Portland by reducing the upfront costs to install or convert fueling equipment, tanks and pumps to handle high blends of biofuels,” said Commissioner Saltzman. “Early adopters such as Jay’s Garage, the GoBiodiesel Cooperative, StarOilco, Carson Oil and SeQuential Biofuels have spearheaded the efforts to bring biofuels to Portland . I encourage others to build on their efforts.”
