Biotechnology Industry Organization (BIO), which represents biotechnology companies and institutions across the U.S., has strongly backed the Renewable Fuel Standard as being a "fundamental foundation driving private investment", following recent requests by two politicians that it be waived in the face of drought.

The formal requests to waive the standard for 2012 were made by Governor Bev Perdue, North Carolina and Governor Mike Beebe, Arkansas. Responding to the request, Brent Erickson, executive vice president of BIO's Industrial & Environmental Section, stated said that...