Biodiesel Magazine
November 2010
By Luke Geiver
Posted Nov. 5, 2010
The Global Biofuels Alliance has officially launched. The nonprofit organization will work to “give a voice to the producers, traders, feedstock providers, and equipment manufacturers of the emerging biofuel industry.” Made up of 10 founding members from various energy sectors including energy trading companies, start-up biodiesel companies and large biodiesel production facilities, the alliance has already set its sights on the hottest topic in the biodiesel industry. “The biodiesel tax credit is a key agenda,” said Wade Randlett, a founding board member of the alliance and cofounder of Enagra Holdings LLC, a holding company for renewable energy projects worldwide. “Although it’s a bit broader than that. I think having some form of longer term incentive for any kind of a renewable diesel, regardless of the feedstock, the source or the technology is important.”
For Randlett and the other members of the alliance, including Hero BX, a 45 MMgy plant from Pennsylvania, the understanding by those in Washington on the subject of biodiesel is very narrow; especially the potential role biodiesel could play in the nation’s future fuel supply. “We think there should be a much broader conversation about the new technologies that are coming online or are online right now,” Randlett said. “Whether it’s a traditional feedstock or a broader biomass-based feedstock, we need to have the conversation about the opportunity to displace imported crude petroleum oil.”
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