News & Events

National Biodiesel Board and the Producer’s Credit June 21, 2018 - The National Biodiesel Board – the biggest U.S. biodiesel lobbying group – has decided to no longer push to convert a $1 per gallon tax credit available to biofuel blenders into one for producers.  The National Biodiesel Board had previously made efforts to change the credit to benefit the biodiesel producers it represents, their reasoning that the credit was originally intended to support the domestic industry, and some blenders benefitting from the credit were importing millions of dollars of foreign biodiesel. A recent successful trade case versus Indonesia and Argentina has helped to stop biodiesel imports being sold below fair market value and the change recognizes Read More...