NBB trucks out the photos of biodiesel workers impacted by policy uncertainty to tug on The Hill’s heartstrings

April 29, 2019 |

In Washington, the National Biodiesel Board (NBB) and several of its member companies released photos of industry workers who are impacted by the uncertainty over the future of the biodiesel tax incentive.

Kurt Kovarik, Vice President of Federal Affairs with the National Biodiesel Board, stated, “Because the biodiesel tax incentive has been expired for sixteen months, many companies are facing a very uncertain future. With the on-again, off-again nature of the credit, biodiesel companies are forced to build the credit’s value into contracts – and hope that Congress extends the policy at the end of the year. Many companies have essentially priced their products at a loss for more than a year. The economic pressure of these losses while waiting on Congress to act is now threatening the future of the industry, putting jobs at stake. It is urgent that Congress act immediately to provide the biodiesel industry certainty for 2018 and 2019.”

Dr. Robert Morton, chairman of the board of Newport Biodiesel, also said, “The biodiesel sector is responsible for more than 60,000 jobs across the United States and pays $3.8 billion in workers’ wages and benefits. More than half the industry consists of small and medium size production facilities.”

Category: Fuels

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