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IOWA'S GOVERNOR EXTENDS BIODIESEL PRODUCER CREDIT THROUGH 2017
Source: American Soybean Association news release

As ASA continues to work alongside groups like the National Biodiesel Board to protect and advance the RFS in Washington, soy-producing states continue to double down on their investment in America's only commercially-available Advanced Biofuel.

Last week, Iowa Governor Terry Branstad signed an extension of that state's biodiesel producer incentive.

The incentive is a 2 cent-per-gallon refundable credit for the first 25 million gallons produced at one site, and is now good through the end of 2017, according to reports from Biodiesel Magazine.

The extension comes on the heels of Minnesota's statewide mandate for the use of B10, a ten-percent biodiesel blend for all diesel sold in the state.


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