Skip to main content
Sister Publication Links
  • Automotive News
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • BEST PLACES TO WORK
  • News
    • MID YEAR REPORT
    • TIRE MAKERS
    • HUMANITARIAN
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • MERGERS & ACQUISITIONS
    • OBITUARIES
    • OPINION
    • SERVICE ZONE
  • ADAS
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Events
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
  • Resources
    • ADVERTISE
    • AWARDS
    • CLASSIFIEDS
    • DIRECTORY
    • SHOP FLOOR
    • Best Places to Work
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
November 02, 2017 02:00 AM

Trucking, fuel associations urge Congress to keep biodiesel tax credit

Tire Business Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Tire Business graphic by Michael McCrady

    WASHINGTON — Six trucking and fuel associations have sent a letter to the leaders of the Senate Finance Committee, urging them to phase out the current biodiesel and renewable diesel blenders' credit rather than changing it immediately into a production tax credit.

    "The undersigned organizations urge you to create a transitionary provision — similar to that adopted for wind and solar — and support a five-year phaseout of the existing blenders' credit," the American Trucking Associations and five other groups wrote in an Oct. 31 letter to Senate Finance Chairman Orrin Hatch, R-Utah, and Ranking Minority Member Ron Wyden, D-Ore.

    A policy shift to a production tax credit would harm those who have already invested in biodiesel products while raising prices to consumers to deal with a trade issue that has already been addressed, the associations said.

    "The blenders' credit has worked successfully to build a robust biodiesel and renewable diesel industry," the associations said. "In the last two years, the United States has enjoyed over 2 billion gallons of diesel replacement fuel that reduce greenhouse gas emissions by greater than 50 percent.

    "Shifting to a producer credit, on the other hand, would limit supply and raise the price of both diesel fuel and heating oil," they said.

    Besides the ATA, the signatories of the letter included the Advanced Biofuels Association, the Petroleum Marketers Association of America, the National Association of Truck Stop Operators, the Association for Convenience & Fuel Retailing and SIGMA (formerly the Society of Independent Gasoline Marketers of America).

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    Discount Tire acquires Dunn Tire, enters N.Y. market
    2
    Sumerel Tire buys Flynn's commercial assets
    3
    Michelin adding LTX M/S2 and LTX Platinum to Defender lineup
    4
    Fire at Poland plant will cut Goodyear sales by up to $40M
    5
    ACCC co-founder Larry Nicholls dies at age 78
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • Instagram
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • BEST PLACES TO WORK
    • News
      • MID YEAR REPORT
      • TIRE MAKERS
      • HUMANITARIAN
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • MERGERS & ACQUISITIONS
      • OBITUARIES
      • OPINION
      • SERVICE ZONE
    • ADAS
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Events
      • ASK THE EXPERT
      • LIVESTREAMS
      • WEBINARS
      • SEMA LIVESTREAMS
      • RUBBER NEWS EVENTS
    • Resources
      • ADVERTISE
      • AWARDS
        • Best Places to Work
      • CLASSIFIEDS
      • DIRECTORY
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
    • DIGITAL EDITION