Industry Pleased Too at Friday’s Positive Court Ruling
The U.S. biodiesel industry broke the 1 billion gallon mark in 2012 for the second consecutive year, the National Biodiesel Board reports, citing year-end production figures released January 23 by the U.S. EPA. The total volume of nearly 1.1 billion gallons was roughly flat over 2011 production, exceeding it by just 6 million gallons, NBB says.
Separately, the Missouri-based association applauded a federal court ruling upholding the EPA’s advanced biofuels requirements under RFS, the Renewable Fuel Standard.
“This is just the latest in a series of cases in which the oil industry has tried unsuccessfully to re-litigate the standards for renewable fuels, and it is yet another victory for our nation’s shift toward cleaner, more diverse energy supplies,” NBB federal affairs VP Anne Steckel said in a release. “The RFS is a very effective program for improving U.S. energy security, creating jobs and reducing greenhouse gas emissions.”
The ruling was released by the U.S. Court of Appeals for the District of Columbia Circuit, NBB said.
Nice to Have the Tax Break Back
Steckel was generally pleased with the 2012 biodiesel production tallies too. “These numbers reflect the ongoing growth and development of our industry and represent real jobs at plants across the country,” she said, noting, “Biodiesel continues to account for the vast majority of the nation’s advanced biofuel production.”
NBB points out that the EPA figures show that production for December totaled just 59 million gallons, the lowest monthly volume of the year. “The December total marked the close of a year-end slump in which biodiesel production dropped significantly as Congress failed to renew the biodiesel tax incentive,” NBB said.
‘Missed Opportunity’ Last Year
Congress renewed the $1 per gallon incentive – as well as restoring incentives for natural gas and other clean alternatives – on New Year’s Day as part of last-minute “fiscal cliff” legislation (F&F, January 2).
“It’s difficult not to wonder how much additional production and jobs could have been created if the biodiesel tax incentive had remained in place in 2012,” Steckel said. “It was a missed opportunity that significantly hurt many producers. But we are pleased that Congress reinstated the tax credit earlier this month and we expect significant growth in 2013.”
February 4-7, NBB 2013, the National Biodiesel Conference & Expo. Mirage Hotel in Las Vegas, Nev. Managed by Denver’s Kinsley Meetings. at Kinsley, Andrea Brennan, 303-798-3664; [email protected]; www.biodieselconference.org
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Source: National Biodiesel Board with Fleets & Fuels follow-up