WASHINGTON, DC – Today,
the National Biodiesel Board delivered to Congressional leaders a letter signed by more than 50 companies outlining
the industry's policy priorities. The priorities include maintaining tax
incentives for low carbon biofuels, supporting infrastructure to deliver more
clean fuels to consumers, and optimizing the Renewable Fuel Standard to
maximize environmental benefits. NBB delivered the letter as 71 industry
representatives prepare to engage (through teleconferences) in 86 meetings with
Senators, Representatives, and staff in the annual NBB Advocacy Day Fly-in,
Wednesday June 23.
Congress develops legislation to address the nation's infrastructure, climate
and economic priorities, we ask that you support continued growth of the
biodiesel and renewable diesel industry. U.S. biodiesel and renewable diesel
producers are meeting America's need for better, cleaner transportation fuels
right now. We are also generating economic, environmental and health benefits
for many states and communities," the letter states.
letter highlights the $17 billion annual economic impact of the biodiesel and
renewable diesel industry, which employs more than 65,000 Americans. It also
highlights the carbon benefits the industry delivers. In 2020, the United
States used 3 billion gallons of renewable diesel and biodiesel, which achieves
an average 74% reduction in carbon emissions compared to petroleum diesel. The
industry also touted a recent study demonstrating the substantial reductions in
health care costs and outcomes that communities can achieve by switching to
biodiesel. The Health Health Benefits Study from Trinity Consultants Study from Trinity Consultants is
available on the NBB.org website.
biodiesel and renewable diesel industry is poised for substantial growth and
can deliver carbon reductions, healthcare savings and jobs. Biodiesel and
renewable diesel have cut more than 140 million tons of carbon emissions since
2010, through the RFS program and other policies. As our members meet with
Senators and Representatives this week, we'll be highlighting these benefits
and asking them to support the continued growth of our industry and ask that
they include them in any legislation addressing climate change, economic
stimulus, or infrastructure," adds Kurt Kovarik, NBB Vice President for
Download a copy of the letter here.
The U.S. biodiesel and renewable diesel industry supports 65,000 U.S. jobs and more than $17 billion in economic activity each year. Every 100 million gallons of production supports 3,200 jobs and $780 million in economic opportunity. Biodiesel production
supports approximately 13 percent of the value of each U.S. bushel of soybeans.
Made from an increasingly diverse mix of resources such as recycled cooking oil, soybean oil and animal fats, biodiesel and renewable diesel are better, cleaner fuels that are available now for use in existing diesel engines without modification. NBB is the U.S. trade association representing the entire biodiesel and renewable diesel value chain, including producers, feedstock suppliers, and fuel distributors.