The White House will form a working group to be chaired by the heads of three government agencies to speed the sustainable development of biofuels according to a draft memo obtained by Reuters on Monday.

The group, to be headed by the secretaries of the Environmental Protection Agency, the Department of Energy and the Department of Agriculture, will speed funding to biofuels producers to replace their use of fossil fuels at plants, and to encourage production of next-generation biofuels from biomass and other non-corn feedstocks, according to the draft memo.

(Reporting by Timothy Gardner, editing by Marguerita Choy)