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Friday, June 10, 2005

The National Biodiesel Board is WRONG

By Kumar Plocher - Yokayo Biofuels

The NBB has its place in the biodiesel world. It helped get us a biodiesel standard, and it's helped make biodiesel legal and available. It is also a wonderful lobbying organization for big soy and big oil.

It is in that third capacity that the NBB is using its clout to try to extend the federal biodiesel tax incentive that was passed at the end of last year.

The tax incentive may seem like a good thing, but it represents the latest, biggest hurdle to face small sustainability-oriented biodiesel distributors and producers. I am adamantly opposed to this tax incentive because of the damage it will inflict on this industry. How? Read carefully:

1) When it comes to B100 (100% biodiesel), it is pro-large corporation, anti-everything else.

2) What about the mixture credit?

3) Why the heck are both credits (income and mixture) $1.00 for "agri-biodiesel" and only .50 for biodiesel from other feedstocks?

4) "But I can now get B99 at the pump for a price that's close to diesel prices- that rocks!"

5) "So what - at least it helps get biodiesel out there, right?"

Get the answers and the discussion at http://www.livejournal.com/users/ybiofuels/48148.html


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