A new clean energy bill introduced by Sen. John Kerry (D-Mass.) would extend the excise tax credit for biodiesel and renewable diesel retroactively for 2010 and through 2012. The biodiesel credit expired Dec. 31, 2009, and industry stakeholders have not been able to see legislation extending it.
The Clean Energy Technology Leadership Act of 2010 is aimed at providing tax incentives for clean energy manufacturing, renewable energy and conservation.
The legislation would also modify the cellulosic biofuel tax credit to include algae-based fuels.
Read more (The success of the biodiesel fuel industry relies heavily on biodiesel testing
<http://www.youtube.com/watch?v=s32Ke2VzrqU>, not only at the production level but at the consumer level, where degraded fuel may cause engine failures. Of major concern to diesel and biodiesel users is the very real possibility that water has contaminated their fuel. (See
http://www.youtube.com/watch?v=0YcczdvPyAk). The potential catastrophic impact of this problem is discussed at length in this video at:
http://www.youtube.com/watch?v=-lh4qhXc_5s&feature=youtube_gdata.
Fleet Fuel's family of inexpensive biodiesel test kits is just a click away on the internet at:
<http://fleetbiodiesel.com/biodiesel_testing_and_supplies.html>)