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Anne Steckel Vice President of Federal Affairs National Biodiesel Board
Biodiesel and the Advanced Biofuel Market
Objectives
› Context – The goal that we collectively share
› Biodiesel defined
› How did we get here?
› Impact of biodiesel to economy and consumers
› Next steps
Diversification = Energy Affordability
Biodiesel = Feedstock Diversity
Biodiesel = Nationwide Production
Biodiesel = American Jobs
21,284
12,407
31,227
39,027
50,725
62,421
74,118
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
2009 2010 2011 2012 2013 2014 2015
Employment (Jobs) Income (Mil 2009$)
Manufacturers Support Biodiesel
Biodiesel Users
Biodiesel = RFS Success Story
Biodiesel 87%
Other 13%
2012 Advanced Volume Requirement
› Filling most of Advanced Bucket
Policy Support
›RFS: Establishes annual volume requirements ›Minimum of 1 billion gallons per year for Biomass-based Diesel ›Annual volume increases based on feedstock supply, industry capacity, economics, etc.
›Biodiesel Tax Incentive ›$1 per gallon blending credit ›Also applies to renewable diesel and biojet
0
0.2
0.4
0.6
0.8
1
1.2
1.4
2005 2006 2007 2008 2009 2010 2011 2012 2013
Bill
ion
Gal
lon
s US Biodiesel Production
Takeaways
› Fuel diversity is critical to energy affordability
› Federal policy & regulatory support remains important
› Manufacturing partnerships are key
› Biodiesel is uniquely positioned
Feedstock diversity is an advantage
Nationwide constituency of producers / employers
Anne Steckel Vice President of Federal Affairs
@annesteckel
202-737-8801
asteckel@biodiesel.org
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