NBB Applauds Passage of Energy Bill

John Davis

nbb-logo.jpgThe National Biodiesel Board is applauding the U.S. House’s passage of the Energy Independence and Security Act of 2007 by a 314-100. The U.S. Senate passed identical legislation last week, and President Bush has indicated he will sign it.

The biggest selling point of the bill is the significant expansion of the Renewable Fuels Standard (RFS) that will increase the use of biodiesel in the United States, according to this NBB press release:

The expanded RFS provided for in H.R. 6 requires a specific renewable requirement for diesel fuel that will be met by biodiesel and other renewable biomass-based diesel fuels. Increasing the minimum renewable requirement in the diesel pool from 500 million gallons in 2009 to 1 billion gallons in 2012 will create a stable, viable domestic market for biodiesel. In addition, the fuel labeling requirements in the bill will promote consumer confidence in renewable fuels and help ensure that only quality fuels are entered into commerce.

joe-jobethumbnail3.jpg“We congratulate the House and the Senate for the bipartisan efforts of policymakers who worked together to pass this landmark legislation that will help America depend less on foreign oil and more on clean-burning, domestically produced biodiesel,” said NBB CEO Joe Jobe. “Biodiesel producers across America stand ready to meet the aggressive renewable goals provided for in this bill.”

Biodiesel, Government, Legislation