News and information about Biodiesel & alternative fuels.


Biodiesel in Pending Senate Bill

There are some interesting statistics in this AgriNews article, regarding biodiesel-related legislation in a pending energy bill:
"Grassley's pending legislation would grant a 1 cent reduction in excise tax per percent of biodiesel blended with diesel up to a 20 percent or 20 cent cap. The biodiesel credit would apply to all domestically produced oilseeds and all recycled oil, Heck said."

"Some may say that biodiesel legislation only affects agriculture, Metz said, but that's not true. Nearly all -- 95 percent -- of the freight moved in the United States is moved by diesel engines."

"Trucks are the No. 1 user of diesel fuel in the nation, followed by agriculture. Trucks burn about 35 billion gallons of diesel fuel a year."
That's nice and all, but why stop at 20%?