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 Applauds House Democrat Letter Pleading for Action on Tax Extenders

Nov 7, 2019, 8:37 AM
Reps. Finkenauer, Horn and others emphasize consequences of continued delay

NEWS
FOR IMMEDIATE RELEASE

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

WASHINGTON, DC - Today, Reps. Abby Finkenauer (D-IA), Kendra Horn (D-OK), and 38 other Democratic members of the House of Representatives sent a letter to Speaker Nancy Pelosi (D-CA) and Ways and Means Committee Chairman Richard Neal (D-MA), urging them to make extension of expired tax incentives an urgent legislative priority before the end of the year. On behalf of its member companies, the National Biodiesel Board (NBB) thanked the Democratic Representatives, especially the freshman members, and emphasized that renewing the biodiesel tax credits before the end of the year is crucial to reviving production, reopening production facilities, and saving jobs.

"Extending the biodiesel, alternative fuel vehicle refueling property, and second-generation biofuel producer tax credits are especially important to the regions we represent," the Representatives write. "Participants up and down the supply chain are experiencing hardship as a result of this lengthy lapse in the credits."

NBB Vice President of Federal Affairs Kurt Kovarik added, "The biodiesel industry thanks Representatives Finkenauer and Horn for leading the effort and drawing attention to the economic situation facing advanced biofuel producers. We thank the many other Democrats who represent biodiesel producing states for insisting that their leaders make this a legislative priority before the end of the year.

"Nine biodiesel producers – in Alabama, Connecticut, Georgia, Iowa, Michigan and Texas – have been forced to close, cut production, and lay off workers. That's because blenders count on Congress to renew the tax credit and demand a discount on the price of biodiesel. As a result, producers have taken a loss for nearly two years now. The entire industry needs Congress to act before the end of the year and renew expired tax extenders."

In addition to Reps. Finkenauer and Horn, NBB thanked Reps. Cindy Axne (D-IA), Anthony Brindisi (D-NY), Cheri Bustos (D-IL), Sean Casten (D-IL), David Cicilline (D-RI), Emanuel Cleaver (D-MO), J. Luis Correa (D-CA), Joe Courtney (D-CT), T.J. Cox (D-CT), Angie Craig (D-MN), Peter DeFazio (D-OR), Rosa DeLauro (D-CT), Bill Foster (D-IL), Tulsi Gabbard (D-HI), Ruben Gallego (D-AZ), John Garamendi (D-CA), Josh Gottheimer (D-NJ), Jahana Hayes (D-CT), Jim Himes (D-CT), Robin Kelly (D-IL), Derek Kilmer (D-WA), Ann Kuster (D-NH), Jim Langevin (D-RI), Rick Larsen (D-WA), Dave Loebsack (D-IA), Ben Ray Luján (D-NM), Ben McAdams (D-UT), Tom O'Halleran (D-AZ), Chris Pappas (D-NH), Collin Peterson (D-MN), Max Rose (D-NY), Lucille Roybal-Allard (D-CA), Bobby Rush (D-IL), Jan Schakowsky (D-IL), Haley Stevens (D-MI), Bennie Thompson (D-MS-), Paul Tonko (D-NY), and Frederica Wilson (D-FL).

A copy of the letter is available on Rep. Finkenauer's website.

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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