[Sustainable-biodiesel] WVO tax credit

Jeffrey jeffrey at greenrangeenergy.com
Sat May 17 14:54:32 EDT 2008


Hi,  When is the $1.00 WVO tax credit effective.  Since $.50 was in 
effect through 2008, does $1.00 start in 2009? or now?

Jeffrey Baldridge
Green Range Renewable Energy LLC




Garrett Sullivan wrote:

>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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