June 11, 2019
BY The National Biodiesel Board
More than 70 National Biodiesel Board members are fanning out across the nation’s capital June 11 to meet with 130 congressional offices and discuss the status of the biodiesel tax incentive and the Renewable Fuel Standard. The meetings are part of NBB’s annual member meeting and Washington, D.C., fly in, which began June 10.
“Biodiesel and renewable diesel are produced, distributed and used across the U.S.,” said Kurt Kovarik, NBB’s vice president of federal affairs. “The industry supports more than 60,000 jobs across multiple economic sectors. Gathering in Washington each year is important to our members so that they can meet as constituents with their representatives and senators. We are hosting a record 130 meetings this year to discuss the uncertainty our industry’s companies and workers along with farmers are facing, due to the biodiesel tax incentive’s lapse and the negative impact of small refinery exemptions on the Renewable Fuel Standard.”
Advertisement
Advertisement
Also on June 10, NBB thanked Reps. Rosa DeLauro, D-Connecticut; Cheri Bustos, D-Illinois; Dave Loebsack, D-Iowa; and 19 other representatives for urging House leaders to immediately extend the biodiesel tax incentive.
“Biodiesel and renewable diesel represent a sustainable and alternative fuel source that reduces greenhouse gas emissions and supports thousands of green jobs across the country,” the representatives write.
“On behalf of NBB and its members across the country, thank you to Reps. DeLauro, Bustos and Loebsack for conveying to House leaders the urgency of renewing the biodiesel tax incentive,” Kovarik said. “Biodiesel producers are looking for an immediate resolution to the uncertainty they’ve faced since the start of 2018. The industry needs policy certainty to meet the nation’s goals for low-carbon fuels, green jobs and cleaner air.”
Advertisement
Advertisement
The letter to Congressional leaders highlights bipartisan, regionally diverse support for renewing the biodiesel tax incentive.
A copy of the letter is available on Rep. Rosa DeLauro’s website.
The IRS on July 21 published a notice announcing the 2025 calendar-year inflation adjustment factor for the Section 45Z clen fuel production credit. The resulting adjustment boosts maximum the value of the credit by approximately 6%.
The U.S. Senate on July 23 voted 48 to 47 to confirm the appointment of Aaron Szabo to serve as assistant administrator of the U.S. EPA’s Office of Air and Radiation. Biofuel groups are congratulating him on his appointment.
U.S. Secretary of Agriculture Brooke L. Rollins today announced the reorganization of the USDA, refocusing its core operations to better align with its founding mission of supporting American farming, ranching, and forestry.
The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy is soliciting public comments on a preliminary plan for determining provisional emissions rates (PER) for the purposes of the 45Z clean fuel production credit.
A new study published by the ABFA finds that the U.S. EPA’s proposal to cut the RIN by 50% for fuels made from foreign feedstocks, as part of its 2026 and 2027 RVOs, could stall the growth of the biomass-based diesel (BBD) industry.