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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, 200
San Diego, California
National Biodiesel Board

11th Annual National Ethanol Conference: "Policy & Marketing"
February 20-22, 200
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association

22nd Annual International Fuel Ethanol Workshop & Expo
June 20-23, 200
Milwaukee, Wisconsin, USA

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Posted on  

April 26, 2002

Senate Passes Energy Bill Including Renewable Fuels Standard and Small Ethanol Producer Tax Credit Modifications

Final Senate Energy Bill Makes Historic Commitment to Renewable Fuels

WASHINGTON, DC – The U.S. Senate today passed S. 517, its comprehensive energy bill that includes establishing a renewable fuels standard (RFS) and makes long-awaited modifications to the small ethanol producer tax credit. The Renewable Fuels Association (RFA) declared passage of the Senate energy bill a major victory for renewable fuels, energy security, farmers, and the environment.

“Today’s action by the Senate is a true milestone for the ethanol industry,” said Bob Dinneen, RFA president. “And not just because the Senate energy bill sets the ethanol industry on an aggressive growth path, but because this debate helped forge a new era of understanding between the oil industry and renewable fuel producers. In order to cost-effectively and securely meet America’s demand for motor fuels, our two industries must continue to work together in the future and I know we will. The RFA will support this bill during the Conference Committee and we are confident an energy bill including these provisions will reach the President’s desk before the end of the year.”

The RFS provisions, backed by a coalition including members of the oil industry, agricultural groups, environmental and public health groups, and the ethanol industry, bans MTBE, eliminates the reformulated gasoline oxygen standard, enhances clean air rules, and establishes a minimum renewable fuels standard that grows to 5 billion gallons by 2012. The energy bill’s tax section modifies the small ethanol producer tax credit to allow members of a farmer cooperative to fully participate in the program and also updates the definition of a small ethanol producer.



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