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Senator Grassley looks to introduce biodiesel producers credit

April 13, 2016 |

In Washington, the biodiesel blender credit may not have to sunset at the end of 2016 as current legislation dictates thanks to Iowa Senator Chuck Grassley who says he is working on a bill to expend the policy. But instead of a blender credit that also applies to imported supplies, instead it will be a producer credit that can be claimed by domestic producers instead. Malaysian and Indonesia producers are looking to target that market which can provide up to $300 per metric ton of biodiesel.

Category: Policy

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