Predicting the future of the biodiesel tax incentive might be about as easy as understanding the main blockade holding up the incentive's renewal: politics. After multiple attempts during the past year to reinstate the tax incentive came close but fell short, one would think support for the industry was withering. But, both Democrats and Republicans voted for an amendment that included the renewal of the tax credit in a version of the recently passed Small Business Bill, which, when passed, did not contain any biodiesel provisions. In October, USDA Secretary Tom Vilsack specifically called for the renewal of the biodiesel tax incentive during a speech to the National Press Club in Washington. In November, Senator Tom Harkin, D-Iowa, again called for the renewal of the tax incentive. Now, even amidst a lame duck Congress, there is a chance the biodiesel tax incentive will be once again reviewed and reinstated. But, as Vilsack indicated during his October speech, the best chance for renewal is coincidentally related to politics of the past, and on top of that, he points out it will most likely have to find a way to pass during the debate of the Bush-era tax cuts.
MINNEAPOLIS CONVENTION CENTER | MINNEAPOLIS,MINNESOTA
Serving the Global Sustainable Aviation Fuel Industry
Taking place in September, the North American SAF Conference & Expo, produced by SAF Magazine, in collaboration with the Commercial Aviation Alternative Fuels Initiative (CAAFI) will showcase the latest strategies for aviation fuel decarbonization, solutions for key industry challenges, and highlight the current opportunities for airlines, corporations and fuel producers.View More
GAYLORD OPRYLAND RESORT & CONVENTION CENTER | NASHVILLE,TN
Now in its 19th year, the International Biomass Conference & Expo is expected to bring together more than 900 attendees, 160 exhibitors and 65 speakers from more than 25 countries. It is the largest gathering of biomass professionals and academics in the world. The conference provides relevant content and unparalleled networking opportunities in a dynamic business-to-business environment. In addition to abundant networking opportunities, the largest biomass conference in the world is renowned for its outstanding programming—powered by Biomass Magazine–that maintains a strong focus on commercial-scale biomass production, new technology, and near-term research and development. Join us at the International Biomass Conference & Expo as we enter this new and exciting era in biomass energy.View More