Biodiesel at a Crossroads: With the Tax Credit Gone, Its Future is Uncertain

Biodiesel is not dependent on one feedstock, which positions it well for the future. Jobe claims biodiesel is among the most diverse and sustainable transportation fuels available.

"It is made from a wide variety of regionally-grown fats and oils. Biodiesel has the highest energy content, highest energy balance and best greenhouse gas reduction of any domestic liquid transportation fuel," he states. "Increased biodiesel production has also led to increased investment in plant science research, which is leading to increased yields with less energy inputs, as well as new varieties of plants which will be able to be grown in otherwise non-productive soils and regions. The National Biodiesel Board is investing directly in research for next-generation feedstocks for biodiesel, such as algae, jatropha and halophytes, which in the long-term offer significant volume potential."

Industry needs support

Government support is necessary for any emerging energy source. "The biodiesel industry remains determined to see the tax credit reinstated," says Jobe. "During our recent membership meeting in Washington D.C., we had members from virtually every state meet with their Congressional delegations.

"The overwhelming feedback we received was that biodiesel has broad bipartisan support, but that the credit is mired down by the political process and election year gridlock," he notes. "Unfortunately, the outcome is the same for the biodiesel industry, as our plants are being forced to shed jobs."

Contractors who rely on diesel fuel have a vested interest to help support the National Biodiesel Board in its efforts. Go towww.biodiesel.org to see how you can help ensure a renewable energy source for your industry.