Political Quotes

“Mr. President, I have long been a champion of domestic biofuel production, including ethanol, biodiesel and cellulosic fuels. Domestic biodiesel production supports tens of thousands of jobs. Replacing traditional diesel with biodiesel reduces emissions and creates cleaner air. Homegrown biodiesel improves our energy security by diversifying our transportation fuels and reducing our dependence on foreign oil. Biodiesel itself is a very diverse fuel. It can be produced from a wide array of resources such as recycled cooking oil, soybean and other plant oils, and animal fats. I am proud of the success of the American biodiesel industry, and I am glad to be introducing today the American Renewable Fuel and Job Creation Act of 2017, which will ensure the continued success. I appreciate Senator Cantwell's leadership in joining this effort. I also appreciate the support of Senators Roberts, Hirono, Blunt, Whitehouse, Ernst, Heitkamp, Thune, Udall, Heinrich, Shaheen, Klobuchar, Franken, Donnelly, and Murray. This bill will modify the biodiesel fuel blender's credit to a domestic production credit starting this year and extend the credit through 2020. Congress created the biodiesel tax incentive in 2005 when I was chairman of the Senate Finance Committee. As a result of this incentive and the Renewable Fuel Standard, biodiesel is providing significant benefits to the nation. Senator Cantwell and I have been advocating the mixture credit be modified to a producer credit since 2009.…”