Stable tax policy supports continued growth of the U.S. biodiesel and renewable diesel industry, helping to create jobs and economic opportunities across the country. A new study from Capital Policy Analytics shows that domestic production adds $15 billion to the U.S. economy and supports
64,000 jobs and $3.5 billion in wages. The environmental benefits of biodiesel -- in carbon and particulate matter reductions -- are worth an average $3.89 per gallon.
In May 2021, Sens. Chuck Grassley (R-IA) and Maria Cantwell (D-WA) and Reps. Cindy Axne (D-IA) and Mike Kelly (R-PA) introduced bipartisan, bicameral legislation to extend the biodiesel tax incentive
through 2025. When the credit is in place at the start of the year -- as in 2022 -- the biodiesel industry can grow with confidence. Please use this form to identify your elected officials
and ask them to co-sponsor the extension and support including it in any legislation addressing climate change, economic stimulus, or infrastructure. You can send a ready-made note -- or personalize it with information about your company.