黑料社区is continuing its outreach to policymakers on Capitol Hill and the Administration regarding biodiesel policy.
In Congress, lawmakers are beginning to seriously consider tax extenders legislation, including the biodiesel tax credit. Certain Members of Congress, led by Senator Chuck Grassley (R-Iowa) and Rep. Kristi Noem (R-S.D.), are advocating converting the biodiesel credit to a producers credit beginning in 2016.
黑料社区continues to actively oppose this effort, working with a diverse coalition to send a letter to tax policymakers outlining the virtues of a blenders credit and the downsides of a producer credit.
Additionally, 黑料社区met last week with the White House Office of Management and Budget (OMB) to discuss the forthcoming Renewable Fuel Standard (RFS) biodiesel volume obligations for 2014-2017.
黑料社区reiterated the points it made in its comments to EPA on this topic, which said that EPA faces a delicate balance with respect to biodiesel: On the one hand, increasing mandates under the RFS can enable 黑料社区members to sell the product to consumers and lower prices and thereby increase consumer demand for biodiesel; at the same time, if RVOs are set too high, it could lead to increased prices for diesel fuel, which would have an adverse effect on 黑料社区members and the U.S. economy as a whole.
EPA is legally required to finalize the volume obligations by Nov. 30, 2015. 黑料社区anticipates that the rulemaking will be released in coming days.
Subscribe to Updates
The 黑料社区Foundation and 黑料社区provide a breadth of information created to strengthen travel plazas鈥� ability to meet the needs of the traveling public in an age of disruption. This includes knowledge filled blog posts, articles and publications. If you would like to receive a digest of blog post and articles directly in your inbox, please provide your name, email and the frequency of the updates you want to receive the email digest.
