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BlueFire Ethanol Applauds Formation of Biofuels Interagency Working Group to Promote Energy Independence
2009-05-06

IRVINE, CA (May 5, 2009) - BlueFire Ethanol Fuels, Inc. (OTC BB:BFRE.OB - News), a company changing the world's transportation fuel paradigm through the production of ethanol from non-food cellulosic wastes, commends President Obama for forming the Biofuels Interagency Working Group. The group, which is to be co-chaired by the Secretaries of Agriculture and Energy and the Administrator of the Environmental Protection Agency, was formed in an effort to advance the research, development and commercialization of biofuels in the United States.

President Obama has also promised $786.5 million from the American Recovery and Reinvestment Act to be provided to advance biofuels research, development and commercialization by allocating funds for commercial biorefineries.

"It is great to see the administration bring all of these agencies together for the first time in an effort to address the challenges and opportunities for next-generation biofuels in America," stated Arnold Klann, president and CEO of BlueFire Ethanol. "The administration's support of biofuels technologies is a key step toward full-scale commercial production of cellulosic ethanol and a testament to President Obama's desire to promote energy independence."

Through the program the government aims to:

- Refinance existing ethanol and biodiesel factories impacted by the current credit crunch

- Guarantee loans for the construction of new biorefineries

- Expedite funding to help producers of cellulosic crops

"The federal government's financial commitment to ensure the longevity of the cellulosic ethanol industry will not only help biofuels companies move ahead but will also provide investor confidence in these projects breathing new life into the cellulosic ethanol industry," added Klann.

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