With EPA set to release final volume obligations under the Renewable Fuel Standard (RFS), and Congress back at work on tax legislation, this week is a perfect time for members of the National Biodiesel Board (NBB) to put biodiesel on the front burner in Washington D.C.
Nearly 100 NBB members are storming the Hill to talk with lawmakers about the importance of renewing the biodiesel tax credit, which expired in December 2016, and increasing the RVOs to at least 4.75 billion gallons for advanced biofuels next year and at least 2.5 billion gallons for biomass-based diesel in 2019. The proposed rule earlier this year called for a reduction in advanced biofuels (which is 90 percent biodiesel) and no growth in biomass-based diesel volumes.
“Biodiesel has played a major role in our energy portfolio for the United States,” said Tom Verry, NBB Director of Outreach and Development, during an interview earlier this month. “We used almost three billion gallons last year and we are anticipating in 2017 to exceed that by quite a bit.”
Biodiesel advocates have a great story to tell being nation’s first domestically produced, commercially available advanced biofuel that now supports roughly 64,000 jobs across the country and has helped add value to soybeans and soybean oil. Verry talks more about the benefits of biodisel in this interview. Interview with Tom Verry, NBB