Illinois Ag Connection - NBB Applauds Call for Immediate Biodiesel Tax Incentive Extension

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NBB Applauds Call for Immediate Biodiesel Tax Incentive Extension
Illinois Ag Connection - 06/11/2019

The National Biodiesel Board (NBB) thanked Reps. Rosa DeLauro (D-CT), Cheri Bustos (D-IL), Dave Loebsack (D-IA) 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. Kurt Kovarik, NBB's Vice President of Federal Affairs, added, "On behalf of NBB and its members across the country, thank you to Representatives DeLauro, Bustos and Loebsack for conveying to House leaders the urgency of renewing the biodiesel tax incentive. 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."

A copy of the letter is available on Rep. Rosa DeLauro's website.

The letter to Congressional leaders highlights bipartisan, regionally diverse support for renewing the biodiesel tax incentive. The letter is also signed by Reps. T.J. Cox (D-CA), Cindy Axne (D-IA), Angie Craig (D-MN), Vicky Hartzler (R-MO), Ann McLane Kuster (D-NH), Jeff Fortenberry (R-NE), John Larson (D-CT), Jahanna Hayes (D-CT), David Cicilline (D-RI), Jim Langevin (D-RI), Jim Himes (D-CT), Don Bacon (R-NE), Sean Casten (D-IL), Jared Golden (D-ME), Chellie Pingree (D-ME), Chris Pappas (D-NH), Joe Courtney (D-CT), Dusty Johnson (R-SD), and Tulsi Gabbard (D-HI).

Made from an increasingly diverse mix of resources such as recycled cooking oil, soybean oil and animal fats, biodiesel is a renewable, clean-burning diesel replacement that can be used in existing diesel engines without modification. It is the nation's first domestically produced, commercially available advanced biofuel. NBB is the U.S. trade association representing the entire biodiesel value chain, including producers, feedstock suppliers, and fuel distributors, as well as the U.S. renewable diesel industry.

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