NewNet News - US Senate’s biodiesel tax credits welcomed by industry

US Senate’s biodiesel tax credits welcomed by industry

11 Mar 2010

The US Senate has approved the extension of the $1-a-gallon tax credit for biodiesel, which had expired at the end of 2009, in a move that domestic biofuel producer Renewable Energy Group (REG) has described as critical to a successful energy policy.

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Tags: biodiesel

One Response to “US Senate’s biodiesel tax credits welcomed by industry”

sukamadek says:

11 March 2010 at 12:30 pm

Wasn’t the tax credit intended to help a fledgling industry on it’s feet? Here we are 5 years later and the industry does not exist without it.