NATSO, SIGMA Push For Biodiesel Tax Credit Extension

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Post on Nov 12, 2024

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NATSO, SIGMA Push for Biodiesel Tax Credit Extension: A Fuel for Growth

It's a familiar story, right? The government gives a tax credit to encourage the use of a cleaner fuel, and then… poof! It disappears. That's exactly what's happening with the biodiesel tax credit, and it's got the National Association of Truck Stop Operators (NATSO) and the Sustainable Biodiesel Alliance (SIGMA) feeling a little steamed. They're calling for a swift extension of the credit to keep the wheels of progress turning.

Why the Fuss?

Biodiesel is a renewable fuel that's got a lot going for it. It reduces greenhouse gas emissions, improves air quality, and helps reduce our dependence on foreign oil. It's a win-win for the environment and the economy. And the tax credit? It's been a key driver for biodiesel production and use, but right now, it's hanging by a thread.

The Impact of the Credit's Uncertain Future

NATSO and SIGMA are concerned about the impact a lapse in the tax credit will have on the biodiesel industry and the entire trucking sector. They're worried about:

• A slowdown in biodiesel production: This would mean fewer jobs and less investment in renewable fuel technology.
• Higher fuel prices: Without the tax credit, biodiesel will be more expensive for truckers, leading to increased costs and potentially even higher consumer prices for goods.
• A setback for environmental progress: A stalled biodiesel industry will mean slower progress in reducing greenhouse gas emissions and improving air quality.

The Call for Action

NATSO and SIGMA are calling on lawmakers to extend the biodiesel tax credit immediately. They argue that it's a critical investment in a cleaner future and a stronger economy. Their voices are joined by many others in the trucking industry who see the benefits of biodiesel firsthand.

What's Next?

It's time for Congress to step up and extend the biodiesel tax credit. It's a small step that could make a big difference in supporting a cleaner, more sustainable future for our nation. Let's keep the wheels turning and the biodiesel flowing.

**## Keywords: **

• Biodiesel
• NATSO
• SIGMA
• Tax Credit
• Trucking Industry
• Renewable Fuel
• Greenhouse Gas Emissions
• Air Quality
• Environmental Progress
• Economic Growth
• Fuel Prices

**## Note: **

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