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 Biodiesel Tax Credit Extension in Build Back Better Bill

Sep 11, 2021, 8:36 AM
Extension will ensure low-carbon fuels continue to meet America’s clean energy goals

Today, the National Biodiesel Board welcomed the proposed extension through 2031 of the biodiesel and renewable diesel blenders tax credit in the House Ways & Means portion of the Build Back Better Act.

NBB thanked House Ways & Means Committee Chairman Rep. Richard Neal (D-MA) and Senate Finance Committee Chairman Sen. Ron Wyden (D-OR) as well as House and Senate co-sponsors of legislation to extend the credit, including Reps. Cindy Axne (D-IA) and Mike Kelly (R-PA) and Sens. Maria Cantwell (D-WA) and Chuck Grassley (R-IA).

"Biodiesel and renewable diesel are clean, low-carbon fuels that are widely available today to achieve the carbon reductions Congress is seeking. These fuels are 74% less carbon intensive than petroleum diesel on average and have prevented more than 140 million tons of carbon emissions since 2010. Moreover, they substantially cut emissions of particulate matter that impact cancer rates, asthma and other respiratory diseases, which can lower associated healthcare costs," said Kurt Kovarik, NBB Vice President of Federal Affairs.

"The biodiesel tax credit continues to be extremely successful in expanding consumer access to these clean, low-carbon fuels while driving economic growth and job creation. NBB and its members sincerely thank Representative Axne and Senator Cantwell along with other champions for ensuring the credit is included in this legislation."

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.

footerMap
Missouri Headquarters
605 Clark Ave.
PO Box 104898
Jefferson City, MO 65110




footerMap
Washington, D.C. Office
1331 Pennsylvania Ave., NW
Suite 505
Washington, DC 20004



footerMap
California Office
1415 L Street
Suite 460
Sacramento, CA 95814



footerMap
Massachusetts Office
36 Jonspin Road
Suite 235
Wilmington, MA 01887



Contact Us |  Terms of Use
Copyright ©2021 National Biodiesel Board. All rights reserved.


A member of the National Biodiesel Board Family of Websites: