Biodiesel
Information
AAA
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
USDA provides monetary support
for businesses that will:
Provide employment
Improve the economic or environmental climate
Reduce reliance on nonrenewable energy resources by encouraging
the
development and construction
of other renewable energy systems
Environmental Protection Agency
Through various federal, state and
nonprofit organizations, EPA award grants and funding under
its National Clean Diesel Campaign (NCDC).
Internal Revenue Services
IRS provides a $1.00 per gallon tax credit for agri-biodiesel
(plant based). An additional $0.10 per gallon tax credit for
producers that make less than 60 million gallons of
agricultural biodiesel per year is available.
B20 Biodiesel Facts
B20 is a blend of 20% biodiesel and 80% diesel fuel, which:
Current diesel engines require NO modifications for B20
biodiesel
Provides optimum emission benefits for the lowest costs
Keeps
Nitrogen oxide
increases small (1-4%) within legal emission
limits for engines
Offers excellent emissions benefits by reducing soot,
particulates,
hydrocarbons, carbon monoxide, and carbon
dioxide by more
than 10% each
Minimal increases in cloud and pour point levels can be
easily
managed by additives
Does not contribute to sulfur dioxide emissions
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US Standard Biodiesel (B100) ASTM
D6751-06
Euro Standard Biodiesel (B100) EN-14214
Biodiesel is made from jatropha oils, soybean oils, palm
oils, animal tallow, vegetable and yellow grease(vegetable
oil, animal fat and cooking waste oil).
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