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Domestic Fuel 12/18/2019 07:15
The deal reached by congressional leaders Tuesday for renewing and extending important renewable fuel tax provisions helps the ethanol industry as well as biodiesel producers. Specifically, the amendment would retroactively reinstate the second-generation biofuel producer credit, the special allowance for second-generation biofuel plant property and the alternative fuel refueling property credit for 2018 and 2019 and extend them through 2020. ...
Domestic Fuel 12/17/2019 08:56
Members of the National Biodiesel Board (NBB) are encouraged by the introduction in Congress of a multiyear extension of the biodiesel tax incentive. If passed, the credit would be available to biodiesel blenders through 2022 to help to expand markets and support expansion of biodiesel and renewable diesel production. NBB Vice President of Federal Affairs Kurt Kovarik says the announced ...
Domestic Fuel 12/13/2019 09:02
In the past two years, Nebraska fuel retailers and drivers have raised more than $13,000 for cancer research as part of Fuel the Cure, which has gone to fund efforts at centers in the state. During October, when drivers chose higher blends of ethanol fuel like E15, E30 and E85 at participating retail locations, gas stations donated 3 cents for ...
Domestic Fuel 12/04/2019 07:54
During an appearance at the Iowa Farm Bureau annual meeting in Des Moines Tuesday, Governor Kim Reynolds signed an executive order requiring that all new state vehicles with diesel engines must be approved to run on B20 biodiesel (a blend of 20% biodiesel and 80% petroleum-based diesel) or more "Biodiesel is a growing and vital industry in Iowa, and I ...
Domestic Fuel 11/20/2019 08:24
The Growing Renewable Energy and Efficiency Now (GREEN) Act was introduced this week by Democrats on the House Ways and Means Subcommittee on Select Revenue Measures led by Chairman Mike Thompson (CA-05). The draft legislation is called “a comprehensive approach to tackling climate change by using the tax code to extend and expand renewable energy use and reduce greenhouse gas ...
Domestic Fuel 11/20/2019 07:12
It’s been a tough year for the biodiesel industry with ten biodiesel plants that have closed or cut back production, impacting jobs across the country, and ultimately the agricultural producers. “It’s just one more hit to soybean farmers too, right now,” said National Biodiesel Board (NBB) Director of Communications Kaleb Little during an interview at the National Association of Farm ...

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