The biodiesel industry wants the biodiesel tax credit renewed. It expired December 2017. Iowa Senator Chuck Grassley joined the National Biodiesel Board to rally support for new legislation this past week. “There’s been lots of talk to promote green energy and reduce carbon emissions,” said Grassley. “This product goes a long ways in helping us accomplish that goal. The biodiesel tax credit should be a no brainer for anyone who supports green energy and American jobs.” The Biodiesel Tax Credit Extension Act of 2019 would extend the $1-per-gallon biodiesel tax credit for 2018 and 2019, giving incentive for the production and blending of biofuels.
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