Policy

January 21, 2020

New US biodiesel industry vision lays out 2030, 2050 use targets

BY The National Biodiesel Board The National Biodiesel Board’s vision for the U.S. biodiesel industry includes ensuring the fuel be recognized for its superior performance characteristics, and growing its use to more than 6 billion gallons by 2030 and 15 billion gallons by 2050. READ MORE

January 20, 2020

Study addresses deforestation, confirms benefits of US biodiesel

BY The National Biodiesel Foundation The latest research from economic modeling experts at Purdue University shows the impacts of U.S. biofuel policy on deforestation in Southeast Asia are insignificant . The new research also confirms there is no shortage of feedstock or farmland. READ MORE

January 16, 2020

IRS publishes guidance on claiming 2018-’19 biodiesel tax credit

BY Ron KotrbaThe IRS published guidance Jan. 15 for companies seeking to claim the biodiesel and renewable diesel tax credit for 2018-’19. The IRS is providing a 180-day period for companies to claim retroactive tax credits, beginning Feb. 14 and ending Aug. 11. READ MORE

January 16, 2020

Shaw says IRFA ready, willing to work with EPA in 2020

BY The Iowa Renewable Fuels Association At the 2020 Iowa Renewable Fuels Summit Jan. 16, IRFA executive director Monte Shaw addressed attendees on the state of the Iowa biofuels industry, characterizing it as frustrated but focused on moving forward, working cooperatively with EPA in 2020. READ MORE

January 15, 2020

President Trump signs Phase 1 trade agreement with China

BY Ron KotrbaPresident Trump signed the Phase One trade deal between the U.S. and China Jan. 15, a move expected to deescalate trade tensions between the two countries while reopening key markets for U.S. farmers. Chinese tariffs on U.S. soybeans remain in place. READ MORE

January 14, 2020

Washington Gov. Inslee urges state to adopt Clean Fuel Standard

BY Erin VoegeleWashington Gov. Jay Inslee visited the Port of Seattle Jan. 10 to call on the state legislature to adopt a Clean Fuel Standard during its 2020 legislative session. He was joined by Alaska Airlines, which has announced its support for the program. READ MORE

January 10, 2020

GAO to investigate EPA’s misuse of small refinery exemptions

BY The Office of Rep. Abby Finkenauer Rep. Abby Finkenauer announced the Government Accountability Office will begin an investigation into the U.S. EPA’s granting of SRE waivers to the RFS. This investigation is a result of Finkenauer leading a bipartisan request to the GAO. READ MORE

January 03, 2020

Inside NBB: The Importance of the Biodiesel Tax Credit

BY The National Biodiesel Board In November, the NBB released a new report, “The Importance of the Biodiesel Tax Credit,” written by ABF Economics. It explains how tax and RIN credit values are crucial in helping biodiesel producers compete with petroleum and expand production. READ MORE

January 03, 2020

Inside NBB: NYC is Heating Up with America’s Advanced Biofuel

BY The National Biodiesel Board NYC requires all city fleet vehicles and equipment to use B20 biodiesel from April through November, and B5 from December through March. However, biodiesel has performed so successfully that the city has started some B20 use year-round. READ MORE