The National Biodiesel Board (NBB) comments on EPA’s supplemental proposal for 2020 renewable volume obligations urge the agency “to properly account for small refinery exemptions, address the remand of the 2016 standards, and increase the 2021 biomass-based diesel volume.” NBB is encouraging EPA to use a three-year average of the gallons EPA actually exempted. “Unfortunately, the proposal uses an average …
National Biodiesel Board Elects New Leaders
The National Biodiesel Board held its annual fall meeting this week in Washington D.C. to focus on policy initiatives and moving the industry forward. During the meeting, the membership elected representatives to serve on the Governing Board to help the development and success of biodiesel. NBB members voted to fill seven board member spots for two-year terms: Kent Engelbrecht, Archer …
Proposal Would Extend Biodiesel Tax Incentive
The Growing Renewable Energy and Efficiency Now (GREEN) Act was introduced this week by Democrats on the House Ways and Means Subcommittee on Select Revenue Measures led by Chairman Mike Thompson (CA-05). The draft legislation is called “a comprehensive approach to tackling climate change by using the tax code to extend and expand renewable energy use and reduce greenhouse gas …
Rough Times for Biodiesel Industry
It’s been a tough year for the biodiesel industry with ten biodiesel plants that have closed or cut back production, impacting jobs across the country, and ultimately the agricultural producers. “It’s just one more hit to soybean farmers too, right now,” said National Biodiesel Board (NBB) Director of Communications Kaleb Little during an interview at the National Association of Farm …
Report Shows Importance of Biodiesel Tax Credit
The National Biodiesel Board (NBB) today released a new report on the “Importance of the Biodiesel Tax Credit” that highlights how uncertainty regarding extension of the biodiesel tax credit significantly increases business risks for biodiesel producers. The report was written by John Urbanchuk, managing partner of ABF Economics. “The current uncertainty surrounding reinstatement and retroactivity of the tax credit is …
Democrat Reps Urge Extension of Biofuels Tax Incentive
Rep. Abby Finkenauer (D-IA) and Rep. Kendra Horn (D-OK) spearheaded a Democratic caucus letter to House leadership this week urging action on extension of the biodiesel tax credit. Specifically, the lawmakers are asking for extensions of the biodiesel, alternative fuel vehicle refueling property, and second generation biofuel producer tax credits. “The biodiesel tax credit has become vital to Iowa’s economy …
Biofuels Groups Express Concerns at EPA Hearing
Representatives from multiple ethanol and biodiesel stakeholder organizations and companies delivered basically the same message to the Environmental Protection Agency during a hearing Wednesday on the proposal to make up for volumes lost under the Renewable Fuel Standard due to small refinery waivers – nice try, but you still need to follow the law. Iowa Secretary of Agriculture Mike Naig …
EPA Hearing in Michigan Today
Ethanol and biodiesel producers and industry representatives are back in Ypsilanti, Michigan for the second time in three months to provide comments on an Environmental Protection Agency (EPA) Renewable Fuel Standard (RFS) proposed rule. On July 31, it was the rule to set 2020 renewable volume obligations (RVOs) and the 2021 RVO for biomass-based diesel, where the majority of comments …
Biofuels Industry Testifies on Harm Done by RFS Waivers
Biofuels industry representatives testified during a House Energy and Commerce Subcommittee hearing Tuesday on how the increase in small refinery exemptions (SREs) under the Renewable Fuel Standard has hurt ethanol and biodiesel producers and farmers. “EPA’s secretive and underhanded approach to the SRE provision in recent years has destabilized the RFS, reduced the production and use of clean renewable biofuels, …
Registration Open for 2020 Iowa Renewable Fuels Summit
The 2020 Iowa Renewable Fuels Summit will take place at the Prairie Meadows Conference Center in Altoona, Iowa on January 16, 2020, just days before the Iowa Presidential Caucuses. Renewable Fuels Association (RFA) President and CEO Geoff Cooper will keynote the annual event gathering biofuels industry representatives together in the Midwest with the theme Empower, Promote, and Advocate. In the …