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. Biodiesel and renewable diesel are widely available low-carbon fuels that enable states and cities to meet carbon reduction goals today.

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 it was in 2020 and 2021 and will be for 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.

As our members and industry supporters communicate with Washington policy makers, the media, and the public, NBB provides the resources to the right and works with them to amplify these points:

  • With plants and markets across the country, the U.S. biodiesel and renewable diesel industry supports 65,000 U.S. jobs and pays $2.5 billion in annual wages. The industry generates more than $17 billion in economic activity each year.
  • Every 100 million gallons of production supports 3,200 jobs and $780 million in economic opportunity for farm workers, producers, and distributors.
  • Biodiesel is a better, cleaner fuel. It is 74 percent less carbon intensive than petroleum diesel on average, and it significantly reduces particulate and hydrocarbon emissions that are tied to asthma and cardiovascular disease.
  • Biodiesel producers use a variety of raw materials – including recycled cooking oil, animal fats and plant oils – providing value to underutilized resources.


Focus on Tax News




NBB, ASA Ask President Trump to Support Biodiesel Producers, Soy Farmers

Sep 20, 2018, 3:40 PM
Allowing year-round use of E15 is a positive step for ethanol, but doesn’t support biodiesel

NEWS
FOR IMMEDIATE RELEASE

 Contact: Paul Winters
 202-737-8801
pwinters@biodiesel.org

WASHINGTON, D.C. – Today, the National Biodiesel Board (NBB) and the American Soybean Association (ASA) wrote President Donald Trump asking that he “provide additional help to the nation’s farmers and rural communities by supporting policies that expand production and use of biodiesel.” The groups asked the president to provide biodiesel room for growth under the Renewable Fuel Standard, restore lost demand for biodiesel resulting from small refinery exemptions, and back legislative extension of biodiesel and renewable diesel tax incentives.

In the letter, NBB CEO Donnell Rehagen and ASA CEO Ryan Findlay state, “Biodiesel adds value to every bushel of soybeans and plays an important role by providing a market for surplus soybean oil. Today, farming income is at its lowest level in more than a decade. Even as soybean growers set production records this year, they are experiencing depressed prices and market uncertainty.”

The CEOs add that the Environmental Protection Agency “offered too little room for growth of biodiesel” in this year’s proposed rule for the RFS. While the agency acknowledged the industry’s ability to produce 2.8 billion gallons, it proposed a much lower volume. Moreover, the agency granted a flood of small refinery exemptions that reduced biodiesel demand by at least 300 million gallons – equivalent to the annual production of Iowa, the nation’s top biodiesel-producing state, they point out.

The CEOs also urge the president to back the industry’s request to Congress to provide long-term certainty for the biodiesel and renewable diesel tax incentive. The industry needs certainty to ensure access to capital, make investments, hire and grow, the CEOs say.

Rehagen and Findlay close the letter by stating, “Your support for these policies can further grow the RFS and provide an economic boost for rural America when it is most needed.”

A copy of the letter is available for download.

Made from an increasingly diverse mix of resources such as recycled cooking oil, soybean oil and animal fats, biodiesel is a renewable, clean-burning diesel replacement that can be used in existing diesel engines without modification. It is the nation’s first domestically produced, commercially available advanced biofuel. NBB is the U.S. trade association representing the entire biodiesel value chain, including producers, feedstock suppliers, and fuel distributors, as well as the U.S. renewable diesel industry.

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For more about biodiesel, visit www.biodiesel.org.

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