Skip to Content

BiodieselIrs


National Biodiesel Board gives thumbs down to IRS for TDP ruling

The National Biodiesel Board (NBB) says that the IRS' ruling "could leave promising biodiesel industry on a 'bridge to nowhere'" thanks to a loophole in the federal tax "that was designed to stimulate an emerging technology" but is instead being used by big oil companies for their own benefit. The 2005 Energy Policy Act allows companies that make fuel via thermal de-polymerization (TDP) to get the same dollar-per-gallon incentive that biodiesel producers get for making biodiesel from agricultural resources. The IRS ruling in question expands ... Read more →

No Content Style Defined.

Featured Galleries

  • 2010 Mercedes-Benz ML450 hybrid
  • Governor Schwarzenegger with the Zero S
  • Peugeot Concept HYbrid3 Evolution
  • Volkswagen e-up! concept
  • Dacia Logan MCV Hi-Flex
  • Citroen C-Zero
  • Italwin Ducati City Pearl
  • SEMA 2009: Toyota Prius Aerius Concept
  • Peugeot BB1 concept visits London
  • 2010 Volkswagen Passat BlueMotion
  • Mavizen TTX02 Electric Racebike
  • 1 Liter Racing League

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum