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 Welcomes USDA Program Funding for Higher Biodiesel Blends

May 5, 2020, 10:08 AM
Cost-shared grants will increase consumer access to biodiesel blends above 5 percent

NEWS
FOR IMMEDIATE RELEASE

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

WASHINGTON, DC - The National Biodiesel Board (NBB) today welcomed Secretary of Agriculture Sonny Perdue's announcement of available funding for competitive, cost-shared grants to support infrastructure for higher blends of biodiesel. USDA today issued a Notice of Funds Available for the Higher Blends Infrastructure Incentive Program (HBIIP).

Kurt Kovarik, NBB's VP of Federal Affairs, said, "NBB's members thank Secretary Perdue and USDA for supporting farmers and biodiesel producers. The Higher Blends Infrastructure Incentive Program will help the industry expand consumers' access to cleaner, better transportation and heating fuels in the future."

Of the $100 million USDA is making available, $14 million will be available to support infrastructure for biodiesel blends above 5%. The grants will match up to 50% of eligible costs or $5 million, whichever is lower. USDA anticipates making approximately 150 awards and providing assistance to 1,500 locations with the available funds.

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 and renewable diesel value chain, including producers, feedstock suppliers, and fuel distributors.

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

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