Thursday, June 14, 2007

BioDisel Bill Introduced in Senate

Illinois Senator Dick Durbin introduced a bill that calls for increased amounts of biodiesel to be used in domestic supplies. From Grain net

The Biodiesel Promotion and Quality Assurance Act would gradually increase the amount of biodiesel and “bio-based replacement diesel” that refiners blend into diesel to 1.25 billion gallons by 2012.

“Biodiesel is a fuel that holds great promise in terms of moving our country toward energy independence,” Durbin said.

“This bill will create incentives for producers and consumers alike and will allow this important alternative fuel source the chance to become a mainstream alternative to foreign oil.”

Further the bill calls for specific goals in production:

The program would require that oil refiners blend 450 million gallons of biodiesel and bio-based replacement diesel starting in 2008, gradually ramping up to 1.25 billion gallons by 2012.

Biodiesel must meet 80 percent of the requirement.

Under the act, in order to be introduced into commerce, biodiesel or bio-based diesel replacement fuel is required to be registered through the Environmental Protection Agency pursuant to the Clean Air Act, and must have an ASTM standard.

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