Senator Chuck Grassley (R-IA) visited the Renewable Energy Group (REG) biodiesel plant in Newton, Iowa Tuesday to rally the industry in opposition to proposed EPA actions that would cut volumes of biodiesel under the Renewable Fuel Standard (RFS).
In late September, EPA put out a “Notice of Data Availability” seeking input concerning potential reductions for biodiesel under the RFS, on top of freezing biodiesel levels for 2019 in the formal proposed rule and decreasing levels for advanced biofuels, which includes biodiesel.
Grassley also talked about his American Renewable Fuel Jobs Creation Act bill, which would extends the biodiesel tax incentive, which expired at the end of 2016, for three years and changing it from a blenders’ to a producers’ credit. The change would ensure that the tax credit incentivizes domestic production without subsidizing imported fuel.
Listen to Grassley’s comments here: Sen. Grassley biodiesel rally comments