Dear ASA Members & Supporters:
The biodiesel tax incentive will expire on December 31, 2009. It is
imperative that Congress extend the incentive before adjourning
for the year – specifically, we urge that the biodiesel tax incentive
extension be included in the pending the Department of Defense (DoD)
Appropriations bill. The DoD Appropriations bill could be the last
legislative vehicle enacted by Congress before it adjourns for the year.
Call your Senators and Representative and ask them to contact their
respective Leadership to stress that the biodiesel tax incentive
extension must be enacted before Congress adjourns for the year.
Call the U.S. Capitol Switchboard today at (202) 224-3121 and ask to
speak with your Senators' and Representative’s office.
Absent the biodiesel tax incentive, biodiesel production and
consumption in the U.S. will come to a halt. A retroactive extension of
the credit will not work. The biodiesel credit is structured in a unique
manner that allows the value of the credit to be reflected in the price
consumers pay for the fuel. Absent the incentive, biodiesel will be
significantly more expensive than petroleum diesel fuel, and thus will
not be produced or consumed domestically. In other words, producers will
not make fuel to lose money, and consumers will not buy a fuel that is
significantly more expensive than petroleum diesel.
Helpful Points:
Personalize and explain the impact the credit expiration will have on
you, your business, and your state:
Mention specifically that biodiesel production will halt and jobs
will be lost if the credit expires.
Relate the potential impact in your community, such as the impact
on state and local economic development.
Explain the effect expiration of the credit would have on your
bottom line ($0.25 per bushel).
From a nationwide standpoint, the job creation, energy security and
environmental benefits associated with domestic biodiesel production and
use will be lost.
Biodiesel reduces our Dependence on Foreign Oil
The Biodiesel Industry is Creating Green Jobs and Making a
Positive Contribution to the Economy
Biodiesel is Good for the Environment