Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Tuesday, February 9, 2010

Restoration of tax credit is vital, D-FW biodiesel producers say

iStockAnalyst.com
Saturday, February 06, 2010 1:55 PM
By Jack Z. Smith, Fort Worth Star-Telegram, Texas

Feb. 6--The struggling U.S. biodiesel industry got some good news Wednesday when President Barack Obama announced initiatives designed to expand the use of biofuels.

But business leaders preparing for a national biodiesel conference in Grapevine next week say there's another step vital to the industry's future.

They want Congress to restore the $1-per-gallon tax credit for biodiesel that expired Dec. 31.

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