Biodiesel

RFS Waivers Questioned at Wheeler Confirmation Hearing

On Wednesday the Senate Environment & Public Works Committee held a hearing on the confirmation of Andrew Wheeler to serve as Administrator of the U.S. Environmental Protection Agency (EPA). Wheeler has been serving as the acting EPA Administrator since Scott Pruitt resigned. While many of the questions and most of the media reporting on the hearing … Read More »

ASA Policy Priorities for 2019

The American Soybean Association (ASA) entered 2019 focused on achieving key federal legislative and regulatory priorities that can benefit soybean farmer competitiveness and profitability. Topping the list for 2019 is pushing the Administration to resolve its tariff war with China, including rescinding its Section 301 duties if China agrees to lift its 25 percent tariff … Read More »

Biodiesel Tax Credit Still in Limbo

Congress was working right up until Christmas on a tax package that included extension of the biodiesel credit, but as 2019 begins the biodiesel credit remains lapsed. On Dec. 20 the U.S. House of Representatives passed a package of tax provisions, including extension of the biodiesel tax credit, by a vote of 220-183. However, that … Read More »

EPA Announces Biodiesel and Advanced Biofuels Volumes

The U.S. Environmental Protection Agency (EPA) announced today that the biomass-based diesel and advanced biofuels volumes will be increased above previous year levels, which is good news for the soybean industry. The increase, however, is mitigated by the absence of reallocation of the significant gallons that were waived under exemptions issued previously by EPA to … Read More »

ASA, Biodiesel Partners Urge Trump to Ensure Rigorous Review of Argentine Biodiesel Import Duties

ASA joined the National Biodiesel Board and the National Renderers Association on a letter to President Trump to express concern that the U.S. Department of Commerce has initiated “changed circumstances” reviews of U.S. trade duties on Argentine biodiesel companies. The letter urged the president to ensure that Commerce undertake a rigorous, comprehensive and transparent review … Read More »

House Chairman Releases Tax Bill with Biodiesel Tax Credit Extension

This week, House Way & Means Committee Chairman Kevin Brady (R-TX), released a tax bill to provide technical corrections to certain comprehensive tax reform provisions enacted last year and to also extend several expired tax credits, including a multi-year extension of the biodiesel tax credit. The proposal would keep the biodiesel credit at its current … Read More »

ASA Among Industry Groups Urging Congress to Extend Tax Credits

ASA signed on to a coalition letter this week urging action on expired tax credits—such as the biodiesel tax credit—during the 115th Congress’ lame duck session.  The letter urged the House and Senate to retroactively extend the expired tax provisions, or tax extenders, which have remained lapsed since the end of 2017.  Industries affected range … Read More »

ASA Supports NBB Efforts to Dissuade Review of Argentine Biodiesel Trade Duties

The U.S. Department of Commerce on November 5 granted a request from the government of Argentina to initiate “changed circumstances” reviews of U.S. trade duties imposed on Argentine biodiesel companies. The Department of Commerce imposed antidumping and countervailing duty orders earlier this year following investigations in which the government found that biodiesel imports from Argentina … Read More »

Petition Claims Biofuels are Driving Land Conversion in the U.S., Requests EPA Impose Documentation Requirements

Several environmental activist organizations filed a petition with the EPA calling for the agency to impose requirements tracking the origination of all biofuels feedstocks to ensure they are not derived from land cultivated after the Renewable Fuel Standard (RFS) was expanded in 2007. The RFS law requires all eligible biofuel feedstock to come from land … Read More »

ASA pushes for extension of biodiesel tax incentive

This week ASA has been connecting with its members and followers to encourage Congress to pass a multi-year extension of the biodiesel and renewable diesel incentive in tax policy. The tax credit would help blenders and fuel marketers expand the use of biodiesel. When the extensions are short-term, the industry does not have the stability it needs … Read More »