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 Congratulates Secretary Tom Vilsack on Confirmation

Feb 23, 2021, 3:08 PM
Biodiesel industry welcomes Vilsack's return to role as agriculture, biofuel champion

NEWS
FOR IMMEDIATE RELEASE

Contact: Paul Winters
202-737-8803
pwinters@biodiesel.org

WASHINGTON, DC - Today, the National Biodiesel Board (NBB) congratulated Agriculture Secretary Tom Vilsack as the U.S. Senate confirmed him to again serve in the role. In his confirmation hearing, Vilsack emphasized that "biofuels continue to play a role in reducing emissions and providing job opportunities in all parts of the country."

Kurt Kovarik, NBB's Vice President of Federal Affairs, states, "On behalf of NBB's members, I want to congratulate Secretary Vilsack and thank him for his commitments to the Renewable Fuel Standard and to continuing to build infrastructure for higher blends of biodiesel. The biodiesel industry very much looks forward to working with him to ensure that biodiesel, renewable diesel and sustainable aviation fuels continue to be key components of the nation's efforts to meet climate goals while also growing rural economies."

The U.S. biodiesel and renewable diesel industry supports 65,000 U.S. jobs and 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. Biodiesel production supports approximately 13 percent of the value of each U.S. bushel of soybeans.

Made from an increasingly diverse mix of resources such as recycled cooking oil, soybean oil and animal fats, biodiesel and renewable diesel are better, cleaner fuels that are available now for use in existing diesel engines without modification. 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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