{"database": "press", "table": "releases", "rows": [["https://carey.house.gov/2024/07/24/carey-introduces-bill-to-extend-biodiesel-tax-credit/", "Carey Introduces Bill to Extend Biodiesel Tax Credit", "2024-07-24", "2024", "2024-07", "Republican", "House", "OH", "Mike Carey", "C001126", "carey.house.gov", "carey", "https://carey.house.gov/press-releases/", "scraper", "Washington, D.C. \u2013Representative Mike Carey (OH-15) introduced bipartisan legislation to extend tax incentives to encouraging the use of biodiesel. The bill is co-sponsored by Representatives Annie Kuster (NH-02), Mariannette Miller-Meeks (IA-01) and Claudia Tenney (NY-24).\n\n\u201cBiodiesel is a homegrown resource that can support our long-term energy independence and support farmers, producers and energy workers right here in Ohio,\u201d said Carey. \u201cWith America\u2019s energy dominance in at stake, we\u2019re working across the aisle to strengthen our supply of biodiesel for the years to come.\u201d\n\n\u201cBiodiesels are efficient and competitive alternatives to traditional diesel fuel sources and can play a critical role in accelerating the United States\u2019 transition to a clean, carbon-neutral economy,\u201d said Congresswoman Kuster. \u201cGranite Staters are all too familiar with high energy prices, and this bipartisan legislation will help lower costs for small businesses and households across New Hampshire while reducing harmful emissions\u2013a win-win.\u201d\n\nThe bill has earned support from the NATSO, Representing America\u2019s Travel Centers and Truck Stops, SIGMA: America\u2019s Leading Fuel Marketers, National Association of Convenience Stores, American Trucking Associations, Truckload Carriers Association, Energy Marketers of America, Small Advanced Biofuel Refiners, and National Energy and Fuel Institute.\n\n\u201cRenewable diesel and biodiesel represent a vital component of any sound strategy for lowering transportation sector emissions. Trucks are harder and more expensive to electrify than cars, and while we pursue aspirational goals we still must capitalize on economically viable solutions that help us lower emissions today,\u201d said David Fialkov Executive Vice President of Government Affairs for NATSO and SIGMA. \u201cWe commend [Lawmakers] for recognizing the critical role that renewable diesel and biodiesel play in lower fuel costs for consumers by extending the Biodiesel Tax Credit at the blenders\u2019 level. We urge Congress to extend this successful policy as soon as possible.\u201d\n\n\u201cTax incentives for biodiesel and renewable diesel blending have worked to successfully extend fuel supply and incentivize fuel retailers to invest in low-carbon alternative fuels at a cost that is attractive to consumers,\u201d said Doug Kantor, General Counsel at NACS. \u201cThis legislation is key to supporting our industry\u2019s continued investment in advanced renewable fuels.\u201d\n\n\u201cTo get to zero emissions, we need more technology-neutral solutions in the immediate term, including alternative fuels like biodiesel and renewable diesel,\u201d said Henry Hanscom, ATA Senior Vice President of Legislative Affairs. \u201cThis legislation would expand access to these low-carbon, proven energy sources and dramatically reduce our environmental impact.\u201d\n\n\u201cThe U.S. economy depends upon the affordable and reliable movement of freight, and part of that equation includes the ability of motor carriers to access affordable and reliable fuel to power their fleets,\u201d said David Heller, Senior Vice President of Safety and Government Affairs for the Truckload Carriers Association. \u201cTo the extent that we can lower emissions and fuel prices while improving the economy, the trucking industry will always support those initiatives. The Biodiesel Blenders\u2019 Tax Credit is a perfect example of how that can be achieved.\u201d\n\n\u201cWhile the industry works to develop new, clean truck technologies, fleets must be able to power the commercial vehicles that will operate on the nation\u2019s roads for many years to come in a sustainable and affordable manner,\u201d said Jim Mullen, Executive Director of the Clean Freight Coalition. \u201cWe appreciate [Lawmakers] for continuing to ensure the supply of low-carbon fuels that reduce trucking\u2019s carbon footprint.\u201d\n\n\u201cThe National Energy & Fuels Institute (NEFI) applauds the introduction of the Biodiesel Tax Credit Extension Act of 2024, a bipartisan bill to provide a one-year extension of the existing biodiesel and renewable diesel blenders\u2019 tax credit (BTC). The BTC has been crucial in supporting the heating oil industry\u2019s transition to renewable liquid heating fuels, which offer an immediate, cost-effective, and equitable path to carbon reduction for the five million American homes it serves,\u201d said NEFI Acting President & CEO Jim Collura. \u201cThe introduction of this bill is a vital step in ensuring a stable supply of renewable liquid heating fuels in the broader Northeast, where 90 percent of home heating oil is used. Extending the BTC will provide much-needed certainty for our mostly small, family owned and operated heating fuel businesses and their consumers and keep us moving forward \u2013 not backwards \u2013 in the ongoing effort to reduce building emissions.\u201d\n\nBackground\n\nBiodiesel is a type of biofuel produced from a combination of soybean oil, recycled cooking oil and animal fats. Research from the EPA indicates that biodiesel emits 11 percent less carbon monoxide and 10 percent less particulate matter than diesel. Biodiesel is also nontoxic and biodegradable.\n\nThe biodiesel tax credit refers to a group of incentives included in Section 40A(g) of the Internal Revenue Code of 1986.\n\nIn Ohio alone, biodiesel production supports over 1,500 jobs and contributes more than $806 million in economic activity. There are two biodiesel refineries in operation statewide, both of which use Ohio-grown soybeans in their production process.", 1, "2026-03-30T01:40:41Z", "2026-04-07T21:24:45Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://carey.house.gov/2024/07/24/carey-introduces-bill-to-extend-biodiesel-tax-credit/"], "units": {}, "query_ms": 0.9233308956027031, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}