Biodiesel Board Study Asserts Critical Importance of Biodiesel Tax Credit, Calls for Extension
Green Car Congress
DECEMBER 9, 2009
The original biodiesel tax credit was passed in 2004 and has been extended twice. Biodiesel produced from both virgin feedstocks (such as soybean oil) and waste feedstocks such as yellow grease and animal fats qualifies for the $1.00 per gallon excise tax credit. The study was conducted by economic analyst John M.
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