President Bush’s signing of H.R. 6, the Energy Independence and Security Act of 2007, has gained the praise of the National Biodiesel Board.
Joe Jobe, President of the NBB issued this statement:
“The U.S. biodiesel industry praises President Bush, Speaker Pelosi, Majority Leader Reid and the bipartisan supporters of biofuels in Congress who worked tirelessly to enact an expanded Renewable Fuels Standard (RFS). This is good public policy that meets the needs of consumers and addresses America’s pressing energy security concerns by increasing the use of clean burning, domestically produced biofuels like biodiesel to reduce our dependence on foreign oil. The nearly five-fold expansion of the RFS in this legislation is truly a landmark achievement.
“Of particular note, 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.
“U.S. biodiesel producers are eager and capable of meeting the aggressive renewable goals in this bill, and our industry looks forward to doing its part to help America meet its energy security needs.”