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




Biodiesel Industry Meets with 88 Capitol Hill Offices to Discuss Tax Incentive

Nov 19, 2019, 11:15 AM
National Biodiesel Board (NBB) hosts annual member meeting in Washington, DC

NEWS
FOR IMMEDIATE RELEASE

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

WASHINGTON, DC - Today, nearly 100 National Biodiesel Board (NBB) members gathered in the nation's capital to meet with 88 Congressional offices and discuss the status of the biodiesel tax incentive. The meetings are part of NBB's fall member meeting in Washington, DC.

Kurt Kovarik, NBB's Vice President of Federal Affairs, stated, "Biodiesel and renewable diesel has a sizeable economic impact across the United States. The industry supports more than 65,000 jobs across multiple economic sectors, with more than $17 billion in annual economic activity.

"The uncertainty that biodiesel producers and workers along with farmers are facing, due to the biodiesel tax incentive's lapse, is having a tremendous negative effect. Since the start of the year, 10 biodiesel producers have closed or cut production, laying off workers. NBB is hosting these meetings to thank our Congressional champions and work with them to urge Congressional leaders to renew the biodiesel tax incentive before the end of the year."

Among the confirmed meetings, NBB members met with 19 Senators and Representatives from 27 states and the District of Columbia. They are visiting with Sen. Roy Blunt (R-MO), Sen. Richard Durbin (D-IL), Sen. Chuck Grassley (R-IA), Sen. Josh Hawley (R-MO), Sen. John Hoeven (R-ND), Sen. Jack Reed (D-RI), and Sen. Sheldon Whitehouse (D-RI). NBB members also are meeting with Rep. Kelly Armstrong (R-ND), Rep. Troy Balderson (R-OH), Rep. Cheri Bustos (D-IL), Rep. David Cicilline (D-RI), Rep. Abby Finkenauer (D-IA), Rep. Robin Kelly (D-IL), Rep. Adam Kinzinger (R-IL), Rep. Jim Langevin (D-RI), Rep. Seth Moulton (D-MA), Rep. Scott Perry (R-PA), Rep. Adrian Smith (R-NE), and Rep. Glenn Thompson (R-PA).

NBB Members with Sen. Chuck Grassley (R-IA) and Rep. Abby Finkenauer (D-IA)Photo courtesy: Greg Gibson Photography

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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