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World Biofuels
Symposium
November 13-15, 2005
Beijing, China
2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels
Association
National Biodiesel
Conference & Expo 2006
February 5-8, 2006
San Diego, California
Organizer:
National Biodiesel Board
11th Annual
National Ethanol Conference: "Policy & Marketing"
February 20-22, 2006
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association
22nd
Annual International Fuel Ethanol Workshop & Expo
June 20-23, 2006
Milwaukee, Wisconsin, USA
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Posted on
August 2, 2005Senate Passage of Conference Energy Bill Sends Strong Biofuels Package To President for Signature
Bush Has Indicated He’ll Sign the Measure Into Law
Washington, DC – The U.S. Senate today passed the comprehensive energy bill conference report, H.R. 6, by a strong, bipartisan vote of 74 to 26. Creation of a 7.5 billion gallon renewable fuels standard (RFS) headlines several important provisions for biofuels.
“Today’s Senate action sends the strongest biofuels legislation ever to President Bush for his signature,” stated Renewable Fuels Association (RFA) President Bob Dinneen. “After four-plus years, the country is finally one signature away from having a more sustainable, forward-looking energy policy. While support for the biofuels provisions is deep, wide, and bipartisan, it’s fair to say we wouldn’t be here without the sheer determination of Energy Committee Chairman Pete Domenici. His leadership, combined with the effective advocacy for farmers by Senate conferees Chuck Grassley, Tim Johnson, and Byron Dorgan, has brought us to the brink of success. Indeed, this bill is likely the most profound rural economic stimulus package since the New Deal.”
In addition to a 7.5 billion gallon RFS, the bill updates the small ethanol producer definition to 60 million gallons, extends the biodiesel tax credit through 2008, and establishes a 30% tax credit up to $30, 000 for the cost of installing clean fuel refueling equipment, such as an E85 fuel pump.
The bill will now go to President George Bush, who has indicated he’ll sign the measure into law.
### Press release by Monte Shaw, from the Renewable Fuels Association web site.
For more information, visit the Renewable Fuels Association website at: www.ethanolrfa.org.
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