The Environmental Protection Agency (EPA) is seeking comment on the current process for issuing Small Refinery Exemptions (SREs) that would allowing names of refineries who have applied for and received waivers to be made public in an effort to expand transparency. EPA has reopened the comment period for 15 days on one aspect of a 2016 proposal “that basic information …
New Iowa Rep Introduces Biodiesel Tax Incentive Extension
Freshman Democrat Congresswoman Abby Finkenauer of Iowa this week introduced the Biodiesel Tax Credit Extension Act, a two-year extension of the biodiesel tax credit. Congress had previously extended the tax credit retroactively for 2017 but left it expired for 2018 and beyond. Producers and businesses at every stage of the biodiesel production and consumption process rely on these tax credits …
Biodiesel Interests Testify at EPA Hearing
At a hearing in Michigan on Friday, representatives from the National Biodiesel Board (NBB) and its member companies weighed in on the Environmental Protection Agency’s (EPA) proposal related to sales of 15 percent ethanol fuel (E15) and changes to the Renewable Identification Number (RIN) compliance system. Biodiesel interests also commented on the need to stop granting Small Refinery Exemptions (SREs). …
Biodiesel Industry Asks Congress to Extend Tax Incentive
The National Biodiesel Board (NBB), joined more than 70 member companies and stakeholder organizations this week in a letter urging leaders of the U.S. House of Representatives to immediately address a multiyear extension of the biodiesel and renewable diesel tax incentive. Last year, Congress retroactively extended the tax incentive for 2017, leaving it expired for 2018 and beyond. The letter …
Biofuels Groups Rip EPA for More Small Refinery Waivers
Much to the dismay of biofuels organizations, yesterday the Environmental Protection Agency approved five more 2017 Small Refinery Exemptions to the Renewable Fuel Standard (RFS) and noted that two more petitions have been received for 2018 exemptions, bringing the total to 39. “It’s extremely disappointing and outrageous to see EPA once again allow oil refiners to undermine the RFS and …
Washington State Clean Fuels Standard Moves Forward
The Washington State House has passed a Clean Fuels Standard (H.B. 1110) that would institute a low carbon fuel program by 2020, similar to those already successfully underway in British Columbia, California, and Oregon. The program is designed to reduce greenhouse gas (GHG) emissions from transportation fuels 10 percent below 2017 levels by 2028 and 20 percent below those same …
NBB Urges Lawmakers to Extend Biodiesel Tax Credit
“Temporary Policy in the Internal Revenue Code” was the title of a House Ways and Means Select Revenue Measures Subcommittee hearing this week where the National Biodiesel Board (NBB) submitted written testimony urging lawmakers to immediately extend the biodiesel and renewable diesel tax incentive to end uncertainty. Kurt Kovarik, NBB Vice President of Federal Affairs for the National Biodiesel Board …
Biodiesel Drives the Work Truck Industry
New research from NTEA – The Association for the Work Truck Industry confirms that fleets across the country are increasingly relying on the power and performance of biodiesel in their existing and new diesel vehicles. For the third time in four years, surveyed fleets named biodiesel as their top alternative fuel choice both for current use and future interest. Each …
Biodiesel Industry Grows Stronger with New Additions
Six more entities have become members of the National Biodiesel Board (NBB) in recent months, strengthening the voice of the industry. The new companies range from biodiesel producers, to distributors, to commodity traders, who join the extensive and diverse organizations that make up NBB. NBB’s newest members include: Novozymes North America – global producer of a wide range of industrial …
House Members Urge Extension of Biodiesel Tax Incentive
Nearly four dozen members of Congress sent a letter this week asking House leadership to adopt a multi-year extension of the biodiesel tax incentive as soon as possible. The National Biodiesel Board (NBB) thanked the 44 House of Representatives members, led by Reps. Dave Loebsack (D-IA) and Darin LaHood (R-IL) for sending the letter to House Speaker Nancy Pelosi (D-CA), …