Farmers, blenders need biodiesel tax credit
August 31, 2019
After nearly two years, the biodiesel tax incentive stands without movement. This no-brainer legislation enjoys strong bipartisan support from both aisles of Congress because they know it works. But why has there been no forward movement?
Rep. Collin Peterson deserves thanks and credit for being one of the first US House Representative in co-sponsoring a bi-partisan bill, along with 52 other House members to extend the tax incentive. Biodiesel adds nearly 5,400 jobs in Minnesota and contributes roughly $1.7 billion in economic activities to the state. Rep. Peterson understands the signific...