![]() USDA is giving cash to share costs to build and retrofit biofuel-related infrastructure such as pumps, dispensers and storage tanks for biodiesel and ethanol to introduce higher blends for consumers. agricultural products.Ī Peterbilt biodiesel truck. 23 for $100 million grants to increase the sale and use of biofuels derived from U.S. Department of Agriculture has been accepting applications since Aug. To boost the availability of clean fuels across the country, the U.S. biomass-based diesel output supports 3,200 new jobs and $780 million in added economic opportunity. The Clean Fuels Alliance forecast that every 100-million-gallon increase in U.S. It is our nation’s best option here and now to decarbonize heavy-duty transportation,” Rehagen noted. “Missouri joins the ranks of Iowa, Illinois, Minnesota and others with some of the most forward-thinking legislation that values the production and use of biodiesel. (Clean Fuels Alliance America)ĭonnell Rehagen, CEO of Clean Fuels Alliance America, applauded the new laws. “These wins will help further develop Missouri’s agriculture industry, create opportunities for farmers, ranchers and ag businesses, and help ensure Missouri agriculture remains not only our state’s top economic driver but that its spirit and tradition continue to live on in the next generations,” Parson said. ![]() Biodiesel producers can benefit from a new 2-cent-per-gallon credit. The biodiesel measures provide a 2-cent-per-gallon retail incentive for fuel grades B5 to B10 and a 5-cent-per-gallon retail incentive for B11+ grade sold at Missouri fuel retailer locations. 5 to create six-year tax credit programs for the state’s biodiesel producers and retail dealers. Mike Parson is the latest official to support alternative fuel by signing an agricultural package of laws (House Bill 3) on Oct. XT3Jca5UT7- Governor Mike Parson October 5, 2022 Joined by Ag partners, legislators, & stakeholders, we signed SBs 3&5 to further develop Missouri’s agriculture industry, create opportunities, and ensure the spirit & tradition of MO agriculture lives on in the next generations. Today is also a huge win for farmers & ranchers! In a one-month comparison in April of diesel and biodiesel prices, the data center found that B20 biodiesel was 44 cents lower per gallon ($4.62) than diesel’s $5.06. All original equipment manufacturers approve the use of a B5 blend, while the B20 blend is most common, notes the Alternative Fuels Data Center at the U.S. Nearly all heavy-duty diesel vehicles (not technically alternative-fuel vehicles) can run on biodiesel blends.
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