The National Biodiesel Board says an extension of the biodiesel and renewable diesel tax incentives is needed.
Regulatory Affairs Director Paul Winters tells Brownfield, “It’s very vital for a lot of companies across the country.”
Winters says when the tax incentive expired at the start of 2018, it put biodiesel producers at a disadvantage. “The deals they make with blenders require them to build the value of that tax credit in and essentially, they’re selling their product below its true value.”
Winters says Representatives Abby Finkenauer
(D-IA), Mike Kelly (R-PA), Ron Kind (D-WI) and Rep.
Continue reading National Biodiesel Board pleased with tax incentive bill at Brownfield Ag News.
