The Environmental Protection Agency proposed Friday only a minimal increase in U.S. biofuel usage, reflecting modest growth in production of next-generation cellulosic ethanol, and the decision was immediately slammed by biodiesel producers.
Biofuel producers find themselves in a discomforting, but all-too-familiar, situation again this year. Valuable tax incentives have been allowed to expire once again, and Republican tax writers are openly questioning whether those and other lapsed tax breaks should be allowed to die.
WASHINGTON, Mar. 22, 2017 - U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, increased by 65 percent in 2016 to reach a record level of 916 million gallons, according to a new report by the U.S. Energy Information Administration.