US Senate adds biodiesel to extenders package in new energy bill

Biofuels Digest
August 10, 2010 Jim Lane

In Washington, the US Senate once again took up the biodiesel tax extenders package when Senator John Kerry of Massachusetts introduced a new energy bill that would extend the tax credit retroactively for 2010 and through 2012. The limited energy bill package would also incentivize natural gas-based heavy trucks, energy efficient appliances, energy-efficient homes and business, extend R&D credits through 2012, and also add $3.5 billion for renewable energy bonds.

The scaled-back package follows the failure of a more extensive energy bill, and the climate bill that failed to pass this year. The bill does not include a Rnewable Electricity Standard. The legislation may come to the floor in September, or may be attached to an oil spill response bill that Senate Majority Leader Harry Reid has pledged to bring to a floor vote in September.

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