A National Biodiesel Board study estimated that biodiesel exhaust is 72% less carcinogenic than exhaust from conventional diesel.
U.S. House lawmakers’ Climate Crisis Action Plan calls for 100% EV truck sales by 2040.
Matthew Taylor of Shintan Inc. was ordered by the U.S. Department of Justice to pay back $7.5 million in illicit tax credits obtained from the IRS.
Higher fuel sales and restoration of the federal tax credit for biodiesel blending boosted the bottom line. However, operating margins continued to be under pressure and the travel center operator borrowed money to cover general expenses.
Travel center trade group grapples with keeping incentives for biodiesel after 2022 as Trump administration devalues renewable fuel credits by exempting small refineries from the Renewable Fuel Standard.
Small companies jittery about investing in biodiesel blending with the federal tax credit in limbo are moving in now that the tax incentive on the cleaner-burning fuel is set through 2022.
ChargePoint, with more than 108,000 electric vehicle chargers, and travel plaza and truckstop association NATSO will use Volkswagen “Dieselgate” settlement money and other funds to build out an electric charging infrastructure at 4,000 travel plazas by 2030.
The biodiesel blender credit reinstated by Congress Dec. 17 is a $3 billion a year boost to a less-polluting diesel fuel.
Biodiesel blending is on the ropes awaiting congressional action on reinstating a tax credit.
Travel Centers of America reported stronger profits and sales for the third quarter as it added locations and sold more fuel at higher prices. Watch for International House of Pancakes restaurants to begin to replace TA’s Iron Skillet and Country Pride eateries.
Tax incentives that make for cheaper diesel fuel ran out in 2018, and the trucking industry is looking for a vehicle on which to extend it. Could it be the border wall?
