In an effort to encourage the growth of bio-based transportation fuels, some of the nation’s largest animal agriculture groups urged the Department of Treasury to quickly finalize a broad interpretation of "thermal depolymerization" to help foster growth of renewable diesel in the U.S. The letter, sent to Assistant Secretary of the Treasury Eric Solomon, was signed by the American Meat Institute, National Chicken Council, National Pork Producers Council and the National Turkey Federation.
groups point out that some of the initiatives
under way to encourage the growth of biofuels
have had negative consequences for the meat
industry and animal agriculture in general.
“However, the tax incentives available for
Renewable Diesel not only offer exciting
opportunities for our industry, but also have
the potential to deliver a significant amount
of renewable, clean fuel to U.S. consumers.”
“Renewable Diesel is a clear,
virtually free of sulphur and aromatics fuel
produced from a broad array of renewable,
bio-based sources including animal fats.
Renewable Diesel has many favorable fuel
ignition qualities such as an exceptionally
high cetane value, cleaner combustion, and
greenhouse gas emissions that are, in some
cases, less than 10 percent of those from
fossil fuels. Renewable Diesel can also be
readily incorporated into the existing fuel
add that a broad interpretation of “thermal
depolymerization” in the Department’s
guidance will align the goals of energy
independence and cleaner fuels with tax policy.
“It is vital that we support developing
technologies that fully utilize our existing
agricultural capabilities and energy
infrastructure,” they add.
For a full
copy of the letter, click here: http://www.meatinstitute.org/StoryLinks/2007/renewabledieseltaxcredit012606.pdf
Animal Ag. Groups Point out Importance of Bio-based Fuels to Treasury DepartmentFriday, January 26, 2007