Advocates for biodiesel notched a big victory in December when President Trump signed into law a new budget deal that included a five-year extension of the $1/gallon tax credit for biodiesel blenders. The credit was retroactively applied to 2018 and 2019.
With a stable incentive in place, the Illinois Soybean
Association is encouraging more widespread use of
higher blends of biodiesel. Much of the biodiesel used in Illinois and elsewhere
is commonly blended as 5%-to-11% biodiesel, with the rest petroleum diesel.
Read
more about the push for
B20, or 20%
biodiesel ...
Published Oct 2, 2020 8am EDT / 5am PDT / 1pm BST / 2pm CEST
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