WASHINGTON, D.C. – The National Biodiesel Board (NBB) applauds the U.S. House of Representatives’ passage of energy legislation with broad renewable fuel provisions. H.R. 6, the Energy Independence and Security Act, expands the Renewable Fuels Standard (RFS) in a manner that will encourage increased use of biodiesel, and extends the federal biodiesel tax incentive.
The Energy Bill, which passed by a vote of 235 to 181, will expand the existing RFS to 36 billion gallons by 2022. It would provide for a renewable requirement in diesel fuel, to be met by biodiesel and other biomass-based diesel fuels. The legislation specifically requires that 500 million gallons of biodiesel and biomass-based diesel fuel be blended into the diesel pool in 2009, gradually ramping up to one billion gallons by 2012. [Read Full Article]