Will American farmers continue get Federal help to grow biodiesel feedstock? Under the current compromise in the Farm Bill that's going through a reauthorization, the answer to that question is yes. But the White House is apparently going to veto the biodiesel provisions that allow farmers who make up to $2.5m a year still qualify for crop subsidies. Rumor is that an official verdict might be coming out today sometime.
The National Biodiesel Board (NBB), for its part, likes the compromise and said so in a press release that came out late last week. The issue revolves around the Commodity Credit Corporation (CCC) Bioenergy program, which the NBB says is "a key element in America's energy solution." Unfortunately for farmers, feedstock costs are jumping up in price (what isn't, these days? Houses, I guess). The CCC Bioenergy program is worth $300 million.
[Source: National Biodiesel Board, Domestic Fuel]
The National Biodiesel Board (NBB), for its part, likes the compromise and said so in a press release that came out late last week. The issue revolves around the Commodity Credit Corporation (CCC) Bioenergy program, which the NBB says is "a key element in America's energy solution." Unfortunately for farmers, feedstock costs are jumping up in price (what isn't, these days? Houses, I guess). The CCC Bioenergy program is worth $300 million.
[Source: National Biodiesel Board, Domestic Fuel]
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