[Sustainable-biodiesel] WVO tax credit

Garrett Sullivan sgsull at gmail.com
Fri May 16 16:54:06 EDT 2008


Hello, fellow sustainables!  Does this news release mean what I think it does??

"On Thursday, the US House Ways and Means Committee approved the
Energy and Tax Extenders Act of 2008. The legislation extends the $1
biodiesel tax incentive until Dec. 31, 2009 and provides the incentive
for all biodiesel regardless of feedstock; closes a loophole allowing
foreign biodiesel to claim US tax credits; and cuts in half tax
benefits available to co-processed renewable diesel."

Does WVO now get the full $1 per gallon?

Garrett Sullivan
Colorado Biodiesel Solutions


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