The agency says it granted 49 waivers in 2016 and 2017. Those waivers added up to 2.25 billion gallons in biofuels, which negatively affected roughly 800 million bushels of corn demand. Because of those waivers, the National Biodiesel Board says that amounted to a loss of 300 million gallons of biofuels. In a statement issued last week, Acting EPA Administrator …
Biodiesel Ranks First Among Fleets for Alt Fuel Use
A survey of fleet vehicle providers has found that biodiesel is now the most popular alternative fuel option on the market, followed by E85. The National Biodiesel Board says the study conducted by the Association for the Work Truck Industry shows that the nation’s top fleets call biodiesel the number one choice for greening fleet operations. The 2018 Fleet Purchasing …
Biodiesel Stakeholders Unite Over RFS Concerns
The National Biodiesel Board joined the American Soybean Association and the National Renderers Association in urging President Trump to keep his promises to rural voters. Kurt Kovarik, NBB vice president of federal affairs, says recent actions by the Environmental Protection Agency have undermined the president’s commitment to support consumer access to domestic renewable fuels, as well keeping the Renewable Fuels …
Groups Want Tax-Extender Bill Passed in 2017
More than 50 groups representing a wide scope of businesses sent a letter this week to Congress asking for approval of a multi-year extension of a series of expired tax credits. The groups attaching their names to the letter represent energy, agriculture, business, transportation, and real estate. The groups, which include the American Farm Bureau and National Biodiesel Board, say …
International Trade Commission Votes 4-0 in Support of the Biodiesel Industry
A vote by the International Trade Commission confirms the U.S. biodiesel industry has suffered because of unfairly subsidized imports of biodiesel from Argentina and Indonesia. In a case filed by the National Biodiesel Board, the Commission voted 4-0 Tuesday. NBB called the vote “important progress” to addressing the trade issue. Last month, producers testified on the volume and price effects …
Biodiesel Industry Lobbying for Tax Credit
Nearly 100 members of the National Biodiesel Board are on Capitol Hill this week encouraging lawmakers to reinstate the biodiesel tax credit, which expired in December 2016. As part of an annual fly-in to the Capitol, NBB members are meeting with lawmakers to support the tax credit to “stabilize the business environment” for the industry, according to NBB CEO Doug …
Biodiesel Board Responds to RFS RIN Concerns
A letter from the National Biodiesel Board to the Trump Administration seeks to clarify issues refineries are wanted addressed. Texas Senator Ted Cruz is holding the nomination of Iowa Agriculture Secretary Bill Northey to the Department of Agriculture, asking for a meeting to discuss renewable identification number credits, or RINs. Cruz says refiners call the RINs expensive, “costing thousands of …
U.S. Biodiesel Industry Calls Out Illegal Trading
The National Biodiesel Board filed an antidumping and countervailing duty petition, making the case that Argentine and Indonesian companies are violating trade laws by flooding the U.S. market with dumped and subsidized biodiesel. The petition was filed with the U.S. Department of Commerce and the U.S. International Trade Commission on behalf of the National Biodiesel Board Fair Trade Coalition, which …
2016 Biodiesel Market Skunks Previous Records
U.S. consumers saw a record of almost 2.9 billion gallons of biodiesel and renewable diesel in 2016, outpacing the previous record by nearly 40 percent. Also for the first time, the monthly market topped 300 million gallons, with December’s numbers coming in at 362 million gallons. The National Biodiesel Board welcomed the numbers but says that success is undermined by …