Special Report

ASA urging quick passage after Tuesday’s vote

The U.S. Senate voted to end debate on the tax extenders bill today and the American Soybean Association is urging quick passage by the full Senate to restore vital jobs lost in the biodiesel industry. ASA is urging the Senate to find agreement with the House on a final bill that can be passed and signed into law as quickly as possible.

ASA President Rob Joslin of Ohio says the extension is desperately needed to save the 23-thousand jobs in the biodiesel industry because layoffs have already begun and most biodiesel plants are at a standstill since the credit was allowed to expire at the end of last year, “The major ones, the ones that actually contribute and produce a lot of biodiesel, virtually, I’m pretty sure, about all of them have shut down. So, the vast majority of the production capability has shut down and idled.”

ASA communications director Bob Callanan says remaining biodiesel production varies a lot by state, “You know, some states where there’s a mandate, they still have to produce the fuel to meet their in-state mandate so there’s still SOME production going on.”

Joslin told reporters that restoring the biodiesel tax credit retroactively is the number-one issue among many issues for the ASA. Joslin and Callanan made their comments at the ASA news conference at Commodity Classic in California last Friday.