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Biodiesel Tax Credit Gets Kicked into 2017

Biodiesel Tax Credit Gets Kicked into 2017

Photo: WNAX


Biodiesel industry officials were hoping Congress would pass a tax extenders package including a biodiesel producer’s credit in the lame duck. That apparently won’t occur, so now National Biodiesel Board CEO Donnell Rehagen says they’ll work with the new Administration and Congress to get it passed early next year.

He thinks the Trump administration will support the biodiesel tax credit.

Rehagen says biodiesel has a positive environmental footprint and that should also help convince lawmakers and the new President to back policy supporting the renewable fuel.

Rehagen is also encouraged by the recent decision by the EPA in calling for biomass based diesel volumes to be at 2.1 billion gallons for 2018.

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