I know many of you do not like biodiesel and you have arguments that sometimes tie biodiesel to ethanol and the food vs fuel debate. The National Biodiesel Board www.nbb.com can knock down that argument.www.nbb.com
For those of you who have not been following this debate back in December the Biodiesel Tax credit expired. Why does the Biodiesel Industry get a Tax credit? We are a budding industry that needs help from our government to be competitive with BIG OIL. I know many of you have seen the pie chart on Kos that shows the subsidies that BIG OIL get in comparison to the biofuels.
The tax credit was in the tax extenders bill but was cut by Harry Reid trying to appease the Republicans. Now it has a slim chance as an amendment in the upcoming vote for the small business lending bill.
I guess I have to be honest here I have givin every dime of money to VC groups who are raising funds for me. My wife and I have banked on Biodiesel to provide a better life for us and our children. The VC group is telling us no one is moving (investors) until the tax credit moves.
You see 25,000 people have been layed off because of this. Biodiesel companies have shut down completely because of this. Please net roots we need you to call or email Harry Reid and tell him to save biodiesel.
Let me leave you with this...No biodiesel tanker or well has ever polluted the gulf. With every drop of biodiesel produced by local farmers and entreprenuers is one less drop from big foreign oil. The reason I believe in Biodiesel so much is this reason.
Biodiesel Air Pollution Reduction as Compared with Petroleum Diesel
(US Department of Energy)
Emission
B20
B100
Carbon Dioxide
-15%
-78%
Carbon Monoxide
-12.6
-48%
Unburned hydrocarbons
-20%
-67%
Particulates
-12.0%
-47.4%
Nitrous Oxides
+1.2%
+5.8%
Air toxics
12%– 20%
60%– 90%
Mutagenicity
-20%
89%– 90%
Clean air and American jobs what could be more important than that? Please help by calling the Majority leader.