Source: National Biodiesel Board
Last week's decision to delay Senate consideration of an extension of the biodiesel tax incentive is certain to have a negative impact on the domestic biodiesel industry, according to the National Biodiesel Board.
"Since the biodiesel tax incentive expired last year, U.S. biodiesel producers have been forced to lay-off employees, cut payrolls and stop production. Further delay addressing this issue is certain to make this situation worse and imperil the 23,000 green jobs the industry currently supports," stated Manning Feraci, vice president for federal affairs at the National Biodiesel Board (NBB).
Original press release