NBB Annual Report Highlights Industry Success Stories

The National Biodiesel Board exists to serve and provide value to its members. Functioning much like a farm coop, members pool their resources, share expenses and gain scale to reach achievements that wouldn’t be possible individually.
By The National Biodiesel Board | October 27, 2017

The National Biodiesel Board exists to serve and provide value to its members. Functioning much like a farm coop, members pool their resources, share expenses and gain scale to reach achievements that wouldn’t be possible individually. Members define the direction of the association each year through the annual program plan process that becomes the playbook for staff to execute. The success stories highlighted in NBB’s FY17 Annual Report are a result of highly coordinated efforts among a multitude of program areas working in concert to move the industry forward.

“This year, we saw many challenges as a trade association but we also saw significant successes,” said NBB CEO Donnell Rehagen. “All of which would not be a reality without the support of the membership, and our hard-working, dedicated team of experts pulling towards a singular goal.”

One of the greatest benefits of NBB membership is the ability of the organization to leverage membership dues dollars with outside funding sources. Member dues made up only a third of NBB’s total revenue in FY17. For every $1,000 in membership dues paid, NBB members receive the benefit of nearly $3,500 in revenue support through the trade association’s ability to secure outside funding.

“Membership in NBB is a tremendous value due to the outside funding NBB is able to secure,” said Brad Shimmens, NBB director of operations and membership. “You would be hard-pressed to find this kind of return on investment anywhere else.”

Successes in 2017 include continued implementation of the California Low Carbon Fuel Standard and Oregon Clean Fuels Program that generated carbon credits for the industry in excess of $250 million, the reduction of biodiesel’s indirect land use change penalty used by regulators to craft biofuels policy by 37 percent, General Motors’ announcement of 20 diesel vehicles, all approved for B20, and much more.

Learn more about the National Biodiesel Board at www.NBB.org and see this year’s Annual Report at NBB.org/results/project-showcase.

 
 
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