Diverse mix of groups writes Congress asking for retroactive, multi-year extension for biodiesel tax incentive

December 20, 2017 |

In Washington, the National Biodiesel Board (NBB) Advanced Biofuels Association, the National Association of Truckstop Operators, the American Trucking Association, the National Association of Convenience Stores, the Society of Independent Gasoline Marketers of America and the Petroleum Marketers Association of America sent a letter to Congressional leaders calling for a retroactive, multi-year extension of the biodiesel tax incentive before the end of the year.

They write: “The signatories of this letter represent companies from all segments of the biomass-based diesel value chain, including production, blending, distribution, marketing and consumption of biodiesel, renewable diesel and renewable aviation fuels. We share the view that extending the biodiesel tax incentive is consistent with sound tax, energy and economic policy. A seamless, multi-year extension of this worthwhile tax incentive will help create jobs, reduce fuels costs, diversify the nation’s energy supply and bolster domestic energy production.”

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