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AAABioFuel |
Biodiesel InformationAAA
BioFuel LLC, provides for the biodiesel industry and
oil farming in all aspects of services, products,
and strategies. We offer biodiesel and vegetable oil
financing, development, production, blending, plant
operation, marketing and consulting.
Summary:
The Energy Independence and Security Act of 2007 and Bush’s
previous Energy Bill, the Energy Policy Act of 2005,
required 7.5 billion gallons of renewable fuel use by 2012.
The global market for biodiesel is poised for explosive
growth in the next ten years. Although Europe currently
represents 80% of global biodiesel consumption and
production, the U.S. is now ramping up production at a
faster rate than Europe, and Brazil is expected to surpass
U.S. and European biodiesel production by the year 2015.
Government Subsidies:
Congress has put in place a number of tax incentive programs
that positively impact the biodiesel industry. The United
States Government offers incentives and tax rebates for
biodiesel startup and operational costs.
US Production only surpassed one million gallons a year in
2000; by 2007 it had reached 150 million gallons.
Current U.S. law sets a requirement of 7.5 billion gallons
of renewable fuel use in the country by 2012, but proposed
legislation would boost that to 36 billion gallons per year
by 2022.
US Department of Agriculture
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US Standard Biodiesel (B100) ASTM
D6751-06 |