Renewable Diesel Programs Flourishing in New Price Environment

摘要

The new price environment,the need for energy independence,political instability in the Middle East,and national security considerations all motivate for the development of alternative fuels like biodiesel.Moreover,there are benefits to the environment and economy,including increased economic activity and creation of jobs and emission reductions.Accordingly,there are incentives on both the federal and state level,including tax incentives;eligibility to meet renewable fuel standards(RFSs);and under state renewable portfolio standards,emissions reduction credits/renewable energy certificates.