WASHINGTON, DC - Today, the National Biodiesel
Board (NBB), Growth Energy, NATSO, representing America's travel plazas and
truckstops, and SIGMA: America's Leading Fuel Marketers asked Congressional
leaders to exclude fuels made by co-processing biomass with petroleum at oil
refineries from proposed Sustainable Aviation Fuel (SAF) tax incentives.
Co-processed fuels are ineligible for the biodiesel and renewable diesel tax
credit. The groups asked Congress to clarify language in the Build Back Better
Act to ensure that all transportation fuels -- including aviation fuels -- made
by co-processing biomass with non-biomass feedstocks are ineligible for
prevent stranding investments in existing and emerging environmentally
beneficial biofuels facilities in rural America, and to ensure that any new SAF
incentives are consistent with other tax incentives in driving economic,
employment and environmental benefits, we respectfully request that lawmakers
amend the definitions of SAF in both the Sustainable Aviation Fuel and the
Clean Fuel Production Credit to clarify that eligible SAF does not include
fuels derived by co-processing biomass with a feedstock that is not
biomass," the letter states.
copy of the letter is available to download.
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.
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.