Visit ASA at SoyGrowers.com Action Alert

Action Alert
From the American Soybean Association

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
  • Go to SoyGrowers.com