Archive for May, 2010

ASA Supports House Passage of Biodiesel Tax Credit Extension, Now Urges Senate Action

The American Soybean Association (ASA) expresses appreciation to the U.S. House of Representatives for passage today of H.R. 4213, by a 215-204 margin. ASA supports the provisions in H.R. 4213 that extend the biodiesel tax incentive through December 31, 2010, retroactive to January 1, 2010. The cost of the biodiesel tax credit extension is fully … Read More »

ASA Advises NRC that Soy Oil can Fulfill Demand for Food, Feed and Fuel

The American Soybean Association (ASA) provided comments today to the National Research Council (NRC) Committee on Economic and Environmental Impacts of Increasing Biofuels Production. ASA told the Committee that biodiesel made from soybean oil can play a vital role in fulfilling the Renewable Fuel Standard (RFS) without any adverse impacts to the food or feed … Read More »